966 N Serrano Avenue, Los Angeles, CA 90029

• 4 beds |
• 2 baths |
• 3,178 sqft

Property Description

First time on the market in 37 years. Owner-users this is your move. Two units delivered vacant. Bring your suitcases, your furniture, and you're in, with built-in income from day one. Investors 6% CAP, 12.17% GRM. Two of the best units vacant so you can hit market rents immediately and start optimizing the asset right out of the gate. Well-positioned Hollywood triplex with a clean, functional layout: two large 2-bed, 1.5-bath units (up and down) plus a separate 1-bed, 1-bath above the garage. Upper 2-bed and garage unit delivered vacant. Four-car garage in the rear with strong ADU potential clear path to a four-unit property (buyer to verify). Large private yard, mature landscaping, real space that tenants actually feel. Major systems already handled copper plumbing, newer sewer line, recently built redwood/deckwood staircase. No heavy lifting, just upside.Melrose Hill location right between Larchmont, Silver Lake, Los Feliz, and Koreatown. Walkable, rentable, desirable.Clean asset. Vacancy. Upside. Location.

Listing Status:

Active

Date Added:

March 31, 2026

Data Last Updated:

April 2, 2026 at 1:16AM

Listing Office:

The Shelhamer Real Estate Group : 310-913-9477

Listing Agent:

Glenn Shelhamer : 310-913-9477

MLS ID:

26671913

Interior

• General: Ceiling Fan(s)
• A/C: None
• Heating: Forced AirNatural Gas

Exterior

• Parking: CoveredDoor-MultiDoor-SingleGarageGuestPavedOne SpaceParking spaces: 8

Construction

• General: 2

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LARD1.55535024011

Financial

• Source: CRMLS_CL