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946 N Serrano Avenue

Los Angeles, CA 90029
12 bed
12 bath
8,918 sqft
$2,675,000
$75K drop
On ZeroDown: 4 months ago

Highlights

Electric Vehicle Charging Nearby

232 electric car charging points within a 5-minute driving distance.

Grocery Delivery

Grocery delivery available from 39 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart.

Number of bedrooms in comparison to the block

Only 25% of the homes on the block have more than 10 bedrooms.

About

Located in prime Hollywood, CA, this 12-unit apartment building was built in 1923, consists of combinations of four studios units, four one-bedroom, and four two-bedroom, all include one bathroom. The building features a security gate entrance and an open courtyard. Sitting on a 17,962 square foot lot, with over 60% upside, 946 N Serrano Avenue offers invest ... Read more
Style
:
Bungalow
MLS #
:
20655874
Year Built
:
1923
Lot Size
:
17,962 sq ft.
Property Type
:
Residential Income
Status
:
Active
County
:
Los Angeles
Virtual Tour
:
Time On ZeroDown
:
4 months
Floor Size
:
8,918 sq ft.
Listed by: Daniel Withers
Brokerage: Matthews Real Estate Investment Services
MLS#: 20655874
Source: CRMLS
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Property Details

Interior Features
Unit Type 3 Information
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,205.0
Projected Rent:
$1,750.0
# of Units:
1
Actual Rent:
$1,205.0
Unit Type 12 Information
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$982.0
Projected Rent:
$1,450.0
# of Units:
1
Actual Rent:
$982.0
Unit Type 4 Information
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$950.12
Projected Rent:
$1,750.0
# of Units:
1
Actual Rent:
$950.12
Laundry Information
Has Laundry:
Yes
Laundry Features:
None
Unit Type 11 Information
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$960.67
Projected Rent:
$1,450.0
# of Units:
1
Actual Rent:
$960.67
Unit Type 7 Information
# of Beds:
2
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,205.3
Projected Rent:
$2,350.0
# of Units:
1
Actual Rent:
$1,205.3
Unit Type 8 Information
# of Beds:
2
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,205.3
Projected Rent:
$2,350.0
# of Units:
1
Actual Rent:
$1,205.3
Unit Type 6 Information
# of Beds:
2
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,346.0
Projected Rent:
$2,350.0
# of Units:
1
Actual Rent:
$1,346.0
Unit Type 9 Information
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$791.0
Projected Rent:
$1,450.0
# of Units:
1
Actual Rent:
$791.0
Unit Type 2 Information
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,005.0
Projected Rent:
$1,750.0
# of Units:
1
Actual Rent:
$1,005.0
Multi-Unit Information
Gross Income:
$157,596.0
Total Expense:
$69,883.0
# of Buidings:
3
Net Operating Income:
$82,985.0
Gross Rent Multiplier:
17.45
Vacancy Allowance Rate:
3.0
Unit Type 5 Information
# of Beds:
2
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,376.5
Projected Rent:
$2,350.0
# of Units:
1
Actual Rent:
$1,376.5
Unit Type 1 Information
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,178.0
Projected Rent:
$1,750.0
# of Units:
1
Actual Rent:
$1,178.0
Unit Type 10 Information
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$930.0
Projected Rent:
$1,450.0
# of Units:
1
Actual Rent:
$930.0
Exterior Features
Building Information
Building Style:
Bungalow
Details provided by CRMLS and may not match the public record.

More homes nearby this home

Frequently Asked Questions

How many beds, baths, and sq. ft. does this home have?
946 N Serrano Avenue is a 8918 sq ft house with 12 beds and 12 baths.
What’s the current price of this home?
946 N Serrano Avenue is currently priced at 2,675,000.
How many photos are available for this home?
ZeroDown has 27 photos of 946 N Serrano Avenue.
Is 946 N Serrano Avenue in a quiet neighborhood?
Ambient noise level around this home is < 40 dBA, classified as faint - safe listening for any time period. Sounds like quiet library.
What are the food delivery options for 946 N Serrano Avenue?
Food delivery available from 3742+ restaurants and over 85 different cuisines to discover, powered by Doordash. Enjoy super fast delivery from top quality restaurants.
How quickly do homes sell in this neighborhood?
Average days on market for homes in this area was 51 days this month, 72 days last month and 59 days last year.
What are the nearest hospitals/urgent care centers for 946 N Serrano Avenue?
5 urgent care centers at a driving distance of 10 mins. 5 hospitals at a driving distance of 10 mins.
What are the school options for 946 N Serrano Avenue?
The nearby elementary school, middle school and high school quality ratings from Niche are very similar. If you have children and desire a consistent school experience as they grow up, this home may be a good place to plant long-term roots. Citizens of the World Charter School Hollywood (#109 in state), Larchmont Charter School (#107 in state) among 4 A+/A rated public elementary schools in the district. Ratings and rankings are from Niche. Los Angeles Center for Enriched Studies (#4 in metro), Larchmont Charter School (#28 in metro) among 6 A+/A rated public middle schools in the district. Ratings and rankings are from Niche. Los Angeles Center for Enriched Studies (#31 in metro), Larchmont Charter School (#146 in state) among 6 A+/A rated public high schools in the district. Ratings and rankings are from Niche.
How does it feel to live in 90029 zip code?
89.9% of the households in this zip code(90029) are renter-occupied.
When was this home built?
946 N Serrano Avenue was built in 1923.
How long has this home been listed on ZeroDown?
946 N Serrano Avenue has been on ZeroDown for 4 months.
How is the air quality around 946 N Serrano Avenue?
Air quality around the home was good for about 352 days. The decrease in air quality was caused by the smoke from wildfires.
Are there electric charging stations around 946 N Serrano Avenue?
232 electric car charging points within a 5-minute driving distance.
What are the internet/broadband options for 946 N Serrano Avenue?
Get into the gaming mode with 940.0+ Mbps download speeds available on this block powered by Charter Communications, Inc..
What are the public transportation options for 946 N Serrano Avenue?
The nearest airport is Bob Hope Airport, which is 8.4 miles away. Vermont / Santa Monica Station (LA Metro) station is within a 15 min drive
What are the grocery and delivery options for 946 N Serrano Avenue?
2 grocery stores at a walking distance of 2-5 mins. Grocery delivery available from 39 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart.
What are child care options around 946 N Serrano Avenue?
This home is great if you have young kids. There are at least 12 child care centers within 0.5 miles of this home. Child care centers include pre-schools, day-cares and nursery schools.,Nearest preschool is 0.5 miles away, there are about 4 preschools within a 5-15 mile radius.,There are at least 5 day-cares within 10 miles of this home, the closest one is approx. 2 mins by drive.

Listing Courtesy of: CRMLS_CA and Matthews Real Estate Investment Services. Based on information from California Regional Multiple Listing Service, Inc
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.