$ 7,995,000
-
$7,995,000
Price -
10
Bed -
8
Bath -
60,525
SqFt
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About the Listing CLW-X75151 - CLW-C139610,CLW-C112897
1536 N. Serrano Ave is a fee simple 42-unit LIHTC multifamily asset in East Hollywood. Built in 1969 and placed in service in 1997 under the 9% program, the property includes 41 income-restricted units and one manager's unit. The unit mix features large-family layouts with an average unit size of 1,441 SF. A 55-year regulatory agreement extends through 2052 with restrictions at 50% and 60% AMI. Subject to Los Angeles RSO. The three-story building sits over a gated, semi-subterranean garage with 72 secured spaces. Features include elevator access, courtyards, centralized mail, and a secure leasing office. Capital improvements include elevator upgrades (20212025), a Cool Roof (2017), LED lighting, and 15 renovated units. A central boiler, monitored fire sprinkler system, and updated electrical panels support long-term stability. As of July 2025, 61% of units are leased to Section 8 voucher holders. Delivered free and clear of debt. Walkable to Metro, Kaiser, and LACC.
Listing Highlights for 1536 N Serrano Ave
Status
Active
Days on Site
58
Property Type
Multi-Family
MLS ®
25563617
Year Built
1969
Total Square Footage
60,525
Lot/Acreage
0.69
County
Los Angeles
Area
C20 - Hollywood
Interior Details
- Bedrooms: 10
- Bathrooms: 8 Full
- Appliances: Refrigerator
- Air Cond:
- Heating: Wall Furnace,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 72
- Zoning: LAR4
- Roof:
- Others: 2+ Total Units
- Sewer: Sewer Paid
- Parking Features: Gated,Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5544019026
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1536 N Serrano Ave Los Angeles, CA 90027
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