966 N Serrano Avenue, Los Angeles, CA 90029

• 5 beds
• 3,178 sqft

Property Description

First time on the market in 37 years. This prime Hollywood triplex presents a rare value-add opportunity with two of the property's best units delivered vacant, offering immediate flexibility for market-rate leasing, light repositioning, or owner-occupancy from day one. The property is configured as three units with a highly desirable layout: two spacious 2-bedroom, 1.5-bath residences with identical floor plans (one upstairs and one downstairs), plus a separate 1-bedroom, 1-bath unit above the garage. The upper 2-bedroom unit and the garage unit will be delivered vacant, allowing a buyer to capture upside immediately while maintaining income from the occupied unit. At the rear of the property sits a four-car garage with strong ADU and expansion potential, offering a clear path to transforming the asset into a four-unit income property (buyer to verify). The garage footprint lends itself naturally to future development, while the large private yard, lush with mature landscaping, adds a rare sense of space and calm, enhancing tenant appeal and long-term rental value. The building has been thoughtfully maintained, with key system upgrades already in place, including newer copper plumbing, a newer sewer line, and a recently built redwood-and-deckwood staircase. This allows the next

Listing Status:

Active

Date Added:

January 26, 2026

Data Last Updated:

February 7, 2026 at 9:08PM

Listing Office:

The Shelhamer Real Estate Group : 310-913-9477

Listing Agent:

David Clark : 805-280-1425

MLS ID:

CL26643609

Interior

• A/C: Wall/Window Unit(s)
• Heating: Forced Air

Exterior

• Parking: Other

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LARD5535024011

Financial

• Source: CRMLS