Los Angeles, CA 90029,966 N Serrano AVE
Los Angeles, CA 90029,966 N Serrano AVE
Los Angeles, CA 90029,966 N Serrano AVE
32
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$1,295,000
Est. payment /mo
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5 Beds
4 Baths
3,178 SqFt
Open Sat 1PM-4PM

966 N Serrano AVE Los Angeles, CA 90029

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Shari Wolvek

Shari Wolvek

+1(818) 515-8735

Open House

Sat Jan 31, 1:00pm - 4:00pm

Sun Feb 01, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,178 sqft

Price per Sqft $407

MLS Listing ID 26643609

Bedrooms 5

HOA Y/N No

Year Built 1956

Lot Size 6,006 Sqft

Property Description

First time on the market in 37 years. This prime Hollywood triplex presents a rare value-add opportunity with two of the property's best units delivered vacant, offering immediate flexibility for market-rate leasing, light repositioning, or owner-occupancy from day one. The property is configured as three units with a highly desirable layout: two spacious 2-bedroom, 1.5-bath residences with identical floor plans (one upstairs and one downstairs), plus a separate 1-bedroom, 1-bath unit above the garage. The upper 2-bedroom unit and the garage unit will be delivered vacant, allowing a buyer to capture upside immediately while maintaining income from the occupied unit. At the rear of the property sits a four-car garage with strong ADU and expansion potential, offering a clear path to transforming the asset into a four-unit income property (buyer to verify). The garage footprint lends itself naturally to future development, while the large private yard, lush with mature landscaping, adds a rare sense of space and calm, enhancing tenant appeal and long-term rental value. The building has been thoughtfully maintained, with key system upgrades already in place, including newer copper plumbing, a newer sewer line, and a recently built redwood-and-deckwood staircase. This allows the next owner to focus on unlocking upside rather than addressing deferred maintenance. Located in the heart of Melrose Hill, tenants enjoy walkable access to some of the neighborhood's most exciting restaurants, cafes, and boutiques. Perfectly positioned between Silver Lake and Larchmont Village, with Los Feliz and Koreatown just minutes away, the property sits at the crossroads of some of Los Angeles' most vibrant and in-demand neighborhoods. A well-kept asset with immediate vacancy, development potential, and an exceptional central location. Opportunities like this don't come around often.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD1.5

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Driveway

Building

Story 2

Entry Level Multi/Split

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5535024011

Special Listing Condition Standard

CRMLS – RECore
Listed by David Clark The Shelhamer Real Estate Group

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Valley View Elementary

    Public | KG - 5

  • 10

    Ivanhoe Elementary

    Public | KG - 5

  • 9

    Citizens of the World Charter

    Public | KG - 8

  • 9

    Equitas Academy Charter

    Public | KG - 5

  • 8

    Melrose Avenue Elementary School

    Public | KG - 6

  • 8

    3rd Street Elementary School

    Public | KG - 5

  • 8

    Larchmont Charter

    Public | KG - 12

  • 8

    Queen Anne Place Elementary School

    Public | KG - 5

  • 8

    Los Feliz STEMM Magnet School

    Public | KG - 6

  • 8

    Hoover Street Elementary

    Public | KG - 5

  • 8

    Franklin Avenue Elementary

    Public | KG - 5

  • 7

    Cheremoya Avenue School

    Public | PK - 6

  • 7

    Hollywood Primary Center

    Public | KG - 3

  • 7

    Dr. Sammy Lee Medical and Health Science Magnet

    Public | KG - 5

  • 6

    Wilshire Park Elementary

    Public | KG - 5

  • 6

    Van Ness Avenue Elementary

    Public | KG - 5

  • 6

    Kim Elementary School

    Public | KG - 5

  • 6

    Cahuenga Elementary School

    Public | KG - 5

  • 6

    Micheltorena Elementary

    Public | KG - 5

  • 5

    Wilton Place Elementary

    Public | KG - 5

Middle Schools 20
  • 8

    Rise Kohyang Middle School

    Public | 6 - 8

  • 6

    John Burroughs Middle School

    Public | 6 - 8

  • 6

    Virgil Middle School

    Public | 6 - 8

  • 6

    Thomas Starr King Middle School

    Public | 6 - 8

  • 5

    Pico Pico Middle School

    Public | 6 - 8

  • 4

    Magnolia Science Academy 5

    Public | 6 - 12

  • 4

    Bancroft Middle School

    Public | 6 - 8

  • 4

    Joseph Le Conte Middle School

    Public | 6 - 8

  • 4

    RFK Community Schools - Ambassador School of Global Leadership

    Public | 6 - 12

  • 4

    Los Angeles Academy of Arts & Enterprise Charter

    Public | 6 - 12

  • 4

    Vista Charter Middle School

    Public | 6 - 8

  • 2

    Monsenor Oscar Romero Charter Middle School

    Public | 6 - 8

  • 1

    Apex Academy

    Public | 7 - 12

  • 1

    Berendo Middle School

    Public | 6 - 8

  • 1

    Young Oak Kim Academy

    Public | 6 - 8

  • 1

    John Liechty Middle School

    Public | 6 - 8

  • 1

    Sal Castro Middle School

    Public | 6 - 8

  • 0

    Aviva High School

    Private | 7 - 12

  • 0

    The Episcopal School of los Angeles

    Private | 6 - 9

  • 0

    Marlborough School

    Private | 7 - 12

High Schools 20
  • 8

    John Marshall High School

    Public | 9 - 12

  • 7

    Math and Science College Preparatory

    Public | 9 - 12

  • 7

    STEM Academy of Hollywood

    Public | 9 - 12

  • 7

    Central City Value

    Public | 9 - 12

  • 7

    Camino Nuevo High No. 2

    Public | 9 - 12

  • 7

    Alliance College-Ready Academy High No. 16

    Public | 9 - 12

  • 5

    Hollywood High School

    Public | 9 - 12

  • 5

    Belmont Sh-la Teacher Preparatory Academy

    Public | 9 - 12

  • 4

    RFK Community Schools - Los Angeles High School of the Arts

    Public | 9 - 12

  • 4

    Miguel Contreras Learning Complex - School of Business & Tourism

    Public | 9 - 12

  • 3

    Los Angeles High School

    Public | 9 - 12

  • 3

    Belmont High School

    Public | 9 - 12

  • 3

    Miguel Contreras Learning Complex - Academic Leadership Community

    Public | 9 - 12

  • 2

    Miguel Contreras Learning Complex - School of Global Studies

    Public | 9 - 12

  • 1

    Helen Bernstein High School

    Public | 9 - 12

  • 1

    RFK Community Schools - School for the Visual Arts & Humanities

    Public | 9 - 12

  • 1

    Miguel Contreras Learning Complex - School of Social Justice

    Public | 9 - 12

  • 0

    Bais Yaakov School for Girls

    Private | 9 - 12

  • 0

    Yeshiva Gedolah of los Angeles

    Private | 9 - 12

  • 0

    Yeshiva Ohr Elchonon Chabad - West Coast

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Shari Wolvek

Shari Wolvek

Agent | License ID: 02235508

+1(818) 515-8735

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966 N Serrano AVE