$2,899,000 - 1056 S Serrano, Los Angeles

  • 11Beds
  • 10Baths
  • 0.28Acres

Los Angeles Home For Sale

Prime development opportunity in the heart of Koreatown. This rare offering includes two adjacent, tandem, corner to corner parcels—1056 S Serrano Ave (4 units) and 1057 S Hobart Blvd (3 units)—to be sold together, providing a combined lot size of approximately 12,518 square feet with R4-1 zoning. The properties currently feature a total of 7 units with approximately 6,448 square feet of living space. Situated in a high-demand, transit-oriented location, the site offers close proximity to public transportation, major freeways, and vibrant retail and commercial corridors. Located within a TOC Tier 3 zone, this property presents a compelling opportunity for increased density and future development potential. Ideal for developers or value-add investors seeking to capitalize on one of Los Angeles’ most dynamic neighborhoods. Please do not disturb tenants. Drive-by only.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • Parking Spaces2
  • # of Garages2
  • PoolNone

Additional Information

  • Date ListedApril 13th, 2026
  • Days on Market4
  • Short SaleN
  • RE / Bank OwnedN

Essential Information

  • MLS® #SR26070209
  • Price$2,899,000
  • Bedrooms11
  • Bathrooms10.00
  • Acres0.28
  • Year Built1937
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive
  • Listing AgentDavid Abas
  • Listing OfficeEquity Union

Exterior

  • Lot DescriptionCorner Lot

Community Information

  • Address1056 S Serrano
  • AreaC17 - Mid-Wilshire
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90006

Interior

  • # of Stories2
  • StoriesTwo

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  • City:
    Los Angeles
  • Price Range:
    $349,000 - $40,000,000
  • Current Listings:
    1888
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $445

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Based on information from California Regional Multiple Listing Service, Inc. as of April 17th, 2026 at 8:21am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.