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$2,899,000
1056 S Serrano, Los Angeles, CA 90006
5Beds
5Baths
0Days Listed
About This Property
Prime development opportunity in the heart of Koreatown. This rare offering includes two adjacent, tandem, corner to corner parcels1056 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.
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 5
- Bathrooms
- 5
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 0
- Cumulative Days on Market
- 1
- Original Price
- $2,899,000
Location & Neighborhood
What's nearby 1056 S Serrano, Los Angeles, CA 90006
Nearby Schools
- Hobart Boulevard Elementary School0.1 mi
elementary
- Los Angeles Elementary School0.2 mi
elementary
- Mariposa-Nabi Primary School0.4 mi
elementary
Parks & Recreation
- 0.3 mi
- 0.4 mi
Transit Access
- Olympic & Serrano0.1 mi
Bus Stop
- Olympic & Harvard0.1 mi
Bus Stop
- Olympic & Western0.1 mi
Bus Stop
- Western & 11th0.2 mi
Bus Stop
- Western & Olympic0.2 mi
Bus Stop
Local Amenities
Coffee & Cafes
- Van Dyke Coffee0.1 mi
- Cafe de Mama0.2 mi
Dining
- Yu Chun0.1 mi
- Town Hof and Thanks Chicken0.2 mi
Grocery
- Galleria Market0.1 mi
Banking
- Unnamed0.3 mi
POI data updated 4/13/2026
Los Angeles Market Snapshot
2,861
Active Listings
$749K
Median Price
96
Avg Days on Market
Last updated: Apr 13, 2026
Listed by
David Abas, Equity Union · 310-400-2222
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$2,899,000