# 1000 N Serrano Ave, Los Angeles, CA 90029 > **TL;DR:** 24bd/24ba residential multi family, $3,900,000 ($284/sqft), built 1923, 13,716 sqft. > A/C. Est. $20,859/mo. Listed 822 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $3,900,000 | | Price/sqft | $284 | | Bedrooms | 24 | | Bathrooms | 1 full | | Square Feet | 13,716 | | Year Built | 1923 | | Lot Size | 5,445 sqft (0.13 acres) | | Stories | 3 | | Property Type | Residential Multi Family (Other) | | Status | Pending | | Days on Market | 822 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $19,721 | | Estimated Insurance | $1,138 | | **Total** | **$20,859** | ## Key Amenities - A/C ## Property Highlights - Built in 1923 - 0.13 acre lot - 3 stories ## Description ### Agent Description 1000 N. Serrano is a 13,716 SF 3-story complex featuring (24) 1-bdrm. units. The property is offered at 6.75% CAP and 8.63 GRM on current rents, $162,500 per unit, and $284 per foot. There is approx. 52% rental upside compared to renovated units in the area. This value-add opportunity will stabilize at a 12.53% CAP and 5.68 GRM at projected market rents. 1000 N. Serrano is located minutes from the heart of Hollywood. Located just south of Santa Monica Blvd, the property is near several large-scale production studios such as Sunset Gower Studios, Paramount Studios, Netflix, an array of retailers, cafes, and restaurants along Sunset Blvd. In addition, 1000 N. Serrano is 1 mile south of the Hollywood/Western Metro Red Line Station, and is close to several major thoroughfares including Sunset Blvd, Hollywood Blvd, and the 101 Freeway. Property amenities include gated entry and a community laundry room. 1000 N. Serrano can be purchased individually or as part of a 5-property portfolio in Melrose Hill and Westlake. Please contact LA1 for more information. ## Location - **Address:** 1000 N Serrano Ave, Los Angeles, CA 90029 - **County:** Los Angeles - **Coordinates:** 34.088652, -118.306122 - **Google Maps:** https://www.google.com/maps?q=34.088652,-118.306122 ## Listing Agent - **Name:** Max Berger · **License:** 02054048 - **Brokerage:** Compass - **Broker Phone:** 3102305478 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1000-N-Serrano-Ave_Los-Angeles_CA_90029_M25422-66902?f=listhub&s=CLAWCA-24&m=421525&c=propsimple) ## Photos ![1000 N Serrano Ave - Photo 1](http://lh.rdcpix.com/9113cb5686713d78c96c5b269c0ce77dl-f4136454325r.jpg) ![1000 N Serrano Ave - Photo 2](http://lh.rdcpix.com/9113cb5686713d78c96c5b269c0ce77dl-f890700834r.jpg) ![1000 N Serrano Ave - Photo 3](http://lh.rdcpix.com/9113cb5686713d78c96c5b269c0ce77dl-f2290305417r.jpg) ![1000 N Serrano Ave - Photo 4](http://lh.rdcpix.com/9113cb5686713d78c96c5b269c0ce77dl-f2602916411r.jpg) ![1000 N Serrano Ave - Photo 5](http://lh.rdcpix.com/9113cb5686713d78c96c5b269c0ce77dl-f162741588r.jpg) ![1000 N Serrano Ave - Photo 6](http://lh.rdcpix.com/9113cb5686713d78c96c5b269c0ce77dl-f3520874562r.jpg) ![1000 N Serrano Ave - Photo 7](http://lh.rdcpix.com/9113cb5686713d78c96c5b269c0ce77dl-f2579505586r.jpg) --- **MLS#:** 24-421525 | **Updated:** 2026-10-26 **Source:** listhub *Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1000-n-serrano-ave-los-angeles-ca-90029-3bebb3c0bf93451b9130f7dfcb4e05eb) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1000-n-serrano-ave-los-angeles-ca-90029-3bebb3c0bf93451b9130f7dfcb4e05eb#listing", "url": "https://www.propertysimple.ai/listing/1000-n-serrano-ave-los-angeles-ca-90029-3bebb3c0bf93451b9130f7dfcb4e05eb", "name": "1000 N Serrano Ave, Los Angeles, CA 90029", "description": "1000 N. Serrano is a 13,716 SF 3-story complex featuring (24) 1-bdrm. units. The property is offered at 6.75% CAP and 8.63 GRM on current rents, $162,500 per unit, and $284 per foot. There is approx. 52% rental upside compared to renovated units in the area. This value-add opportunity will stabilize at a 12.53% CAP and 5.68 GRM at projected market rents. 1000 N. Serrano is located minutes from the heart of Hollywood. Located just south of Santa Monica Blvd, the property is near several large-scale production studios such as Sunset Gower Studios, Paramount Studios, Netflix, an array of retailers, cafes, and restaurants along Sunset Blvd. In addition, 1000 N. Serrano is 1 mile south of the Hollywood/Western Metro Red Line Station, and is close to several major thoroughfares including Sunset Blvd, Hollywood Blvd, and the 101 Freeway. Property amenities include gated entry and a community laundry room. 1000 N. Serrano can be purchased individually or as part of a 5-property portfolio in Melrose Hill and Westlake. 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