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Office: Urban Brokerage, Inc.
2719 Wilshire Boulevard; Suite 250
Santa Monica, CA 90403
Phone: (310) 586-1800
Fax: (310) 586-1810





Fantastic Spanish 4-Plex
521-523 N. Serrano Avenue
Los Angeles, CA 90004
Offered at US$995,000 to US$995,000
Rental Rate at US$5,900 / month
Status: Active
Property Type: Income
Year Built: 1921
Bedrooms: 8
Baths: 4
Living Area 4090 Sq. ft.
Lot Size: 6750  Square Ft.
Agent Office: Urban Brokerage, Inc. 2719 Wilshire Boulevard; Suite 250 Santa Monica, CA 90403 Phone: (310) 586-1800 Fax: (310) 586-1810

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Property Highlights

  • 1920s Spanish Charm
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  • 4-Car covered parking
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  • Separately Metered
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  • Owner/User or Rental
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  • Washer/Dryer Hookups each unit
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  • Nearby Paramount & Raleigh Studios
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  • All 2-Bedroom Units
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    Property Description
    Fantastic Spanish 4-Plex from the 1920s. The property features classic 1920s Los Angeles Spanish architecture in a four unit layout, two units downstairs and two upstairs with their own entrances.

    This two story building has all 2-bedroom units with separate washer/dryer hook-ups in each and four car covered parking. Buyers could easily owner/user with the other rentals offsetting home ownership costs and 1-4 family loan rates and terms. Or rent all units for cash flow. Currently, new market rents are approximately $1,600/month/unit.

    The property is located near Melrose on a quiet residential street lined with like-kind properties. It is walking distance to either Raleigh or Paramount Studios and an easy drive / public transport to the Grove, Melrose and Santa Monica Boulevard shopping.

    With exterior paint to match your personal taste combined with landscaping to accent the building architecture this property would be a great home!

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