$3,250,000
-$350,0001537 N Serrano Avenue N, Los Angeles CA 90027
Multi-Family (8 Units)
Property type
182 days
On market
$546
Price per sqft
0 cars
Garage
1919
Year built
15,923 sqft
Lot size
Home highlights
Open Houses
Overview
Major price adjustment - Owner wants this sold - Eight charming Craftsman homes on a rare large approximately 16,000 sq. ft. TOC lot in a garden setting, beautiful mature trees, in Hollywood's entertainment and lifestyle neighborhood. Each home has been upgraded with granite counter tops, but still maintain the character and design of the Arts and Crafts design with built in...
Listing provided by: Vic Deirmendjian DRE #00599219, Vic J. Diermendjian, NONE NONE DRE #N/A, None MRML
Listing updated: Apr 21, 2026 at 04:04pm.
Last checked: Jun 5, 2026 at 05:31pm
Source: CRMLS #SR25271090
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 8 | 1 | — | $196,690 | $196,690 | $268,800 | Unfurnished |
# of Buildings: 8
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Ranges: 8
Rent Control: Yes
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
16.5x
List Price / Annual Gross Rent
Cap Rate
5.15%
NOI / List Price
Gross Scheduled Income: $196,690
Operating Expense: $29,460
Net Operating Income: $167,230
Annual Operating Expenses
Insurance: $10,800
Professional Management: $8,160
Trash: $0
Water / Sewer: $6,000
Interior
Interior Features: Granite Counters
Appliances: Gas Range, Water Heater
Fireplace: Bath, Electric, Gas, Kitchen, Living Room, Outside
Laundry: Inside
Entry Location: Ground
Exterior
Architectural Style: Bungalow, Custom
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Sixteen To Twenty Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5544022016
Additional Parcels: No
Tax Lot: 4
Community
Senior Community: No
Community Features: Biking, Curbs, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1537 N Serrano Avenue N, Los Angeles, CA 90027. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,600,000
Total Interest
$3,316,157
Total Payment
$5,916,157
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$19,969
per month
Property History for 1537 N Serrano Avenue N
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90027.
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