643 N. Serrano Ave, Los Angeles, CA 90004
Sold for $111,000 Above Asking
Great re-development opportunity with LAR3 zoning
For Sale, first time in over 40 years. Front house is a 3 bedroom 1 1/2 bath home, and the back house is 1 bedroom 1 bath.
BOTH units are currently occupied. Long term tenants. PLEASE DO NOT DISTURB THE OCCUPANTS. Drive-by only at this time. Property needs rehab. Buyer to conduct their own investigations.
Probate Sale
Subject to Court confirmation, and overbidding in court.
Sold "As Is" and "Where Is". Seller is a Court appointed fiduciary for the subject Estate, and cannot make any representations.
| Property Highlights | |
|---|---|
| Street | 643 N. Serrano Ave |
| City | Los Angeles |
| State | CA |
| Zip | 90004 |
| Status | Sold |
| Property Type | Multi-family |
| Asking Price | $749,000 |
| Sold Price | $860,000 |
| Year Built | 1915 |
| Building Sq Ft | 1,652 |
| Number of units | 2 |
| CAP Rate | 3.00 |
| GRM | 26.01 |
| Value per Square Feet | $453.39 |
| Broker Name | Vineendra (Vinny) |
| Telephone | (310) 207-2288 |
| Sales@iagpm.com | |
| Brochure file |
 643 Serrano Ave_ Informational Flyer.pdf
|
| Use | Residential |