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11 Beds
10 Baths
6,448 sqft

$2,499,000

1056 S Serrano, LOS ANGELES CA, 90006

Price per sqft$387.56
Built in1937
Property size6,448 sqft
Property typeMulti-family

Overview

Active

Listed Apr 13, 2026

Updated 8 days ago

Prime development opportunity in the heart of Koreatown. This rare offering includesTWO ADJACENT, TANDEM, CORNER TO CORNER parcels 1056 S Serrano Ave (4 units) and 1057 S Hobart Blvd (3 units) to be sold together, providing a combined lot size of approximately 12,518 square feet with R4-1 zoning. The properties currently feature a total of 7 units with approximately 6,448 square feet of living space. Situated in a high-demand, transit-oriented location, the site offers close proximity to public transportation, major freeways, and vibrant retail and commercial corridors. Located within a TOC Tier 3 zone, this property presents a compelling opportunity for increased density and future development potential. Ideal for developers or value-add investors seeking to capitalize on one of Los Angeles most dynamic neighborhoods. Please do not disturb tenants. Drive-by only. Seller Motivated!

$16,626/mo

Est. mortgage payment based on a $2,499,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26070209MR

Interior Features

Bedrooms
11
Bathrooms
10
Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Maintenance Expense
$4,565
Garage
Yes

Listed by David Abas with Equity Union
Listing Contact: 818-657-6500 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor LA Real shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/28/2026

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