$2,499,000
 $13,415 est/mo Sourced by Back At You

1056 S Serrano,Los Angeles, CA 90006

Los Angeles, CA 90006

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Description

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!

Details

MLS #SR26070209
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1937
Days On Site215
Listing Provided ByEquity Union | David Abas

Features

SQ Feet6,448
Garage2
Story(s)2
Units7
Building(s)2
Acreage0.28

Exterior

Lot FeaturesCorner Lot

Parking

Garage Yes / NoYes

Utilities

SewerUnknown

Location

Community FeaturesStreet Lights, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$2,499,000
low | high
Med:
$947,000
100% of Average
sqft:
6,448
low | high
Med:
1,345
100% of Average
$ / sqft:
$388
low | high
Med:
$713
34.057293028619% of Average
On site:
215
low | high
Med:
129.5
100% of Average
Sourced by Back At You

Market Activity 90006

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Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$2,499,000
low | high
Med:
$947,000
100% of Average
sqft:
6,448
low | high
Med:
1,345
100% of Average
$ / sqft:
$388
low | high
Med:
$713
34.057293028619% of Average
On site:
215
low | high
Med:
129.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.874M - $3.123M
sqft: 4,500 - 8,000
Nearby Listings Property ImageNearby Listings Details
1107 S Hobart Boulevard Property Photo 1
$2,000,000
1107 S Hobart Boulevard
Los Angeles, CA 90006
Listing Updated: September 29, 2026 at 2:38:50 AM PDT