$4,250,000
-$250,0001035 N Serrano, Los Angeles CA 90029
Multi-Family (5 Units)
Property type
53 days
On market
$455
Price per sqft
0 cars
Garage
2024
Year built
8,435 sqft
Lot size
Home highlights
Open Houses
Overview
Incredible newer-construction five-plex built in 2024, ideally located in prime East Hollywood just moments from the brand-new Echelon Studios campus. With improved pricing, this luxury three-level trophy property now offers a cap rate in the vicinity of 6%. The property features five spacious units, each with 4 bedrooms, 3.5 bathrooms, and a private rooftop terrace showcasing...
Listing provided by: Verzhine Uzunyan DRE #00984953 818-521-8088, Koenig Properties, Edgar Koenig DRE #00831815, Ed Koenig IRE
Listing updated: Jun 2, 2026 at 12:23am.
Last checked: Jun 5, 2026 at 03:30pm
Source: CRMLS #SR26079227
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 4 | — | $4,800 | $4,800 | $4,800 | Unfurnished |
| 1 | 4 | 4 | — | $5,600 | $5,600 | $5,600 | Partially |
| 1 | 4 | 4 | — | $5,600 | $5,600 | $5,600 | Partially |
| 1 | 4 | 4 | — | $4,800 | $4,800 | $4,800 | Unfurnished |
| 1 | 4 | 4 | — | $4,800 | $4,800 | $4,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 5
Rent Control: No
Units Leased: 5
Total Actual Rent: $25,600
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.8x
List Price / Annual Gross Rent
Cap Rate
5.86%
NOI / List Price
Gross Scheduled Income: $307,200
Operating Expense: $58,150
Net Operating Income: $249,050
Annual Operating Expenses
Insurance: $4,000
Maintenance: $1,200
New Taxes: $51,750
Professional Management: $0
Trash: $0
Water / Sewer: $1,200
Interior
Cooling: Central Air
Heating: Central
Fireplace: None
Laundry: Inside
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
View: City Lights, Landmark
Garage and Parking
Parking: Covered, Carport, One Space, Tandem
Garage Spaces: 0
Carport Spaces: 5
Parking Total: 10
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5536025023
Additional Parcels: No
Tax Lot: 28
Zoning: RD1.5
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 1035 N Serrano, Los Angeles, CA 90029. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,400,000
Total Interest
$4,336,513
Total Payment
$7,736,513
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$26,067
per month
Property History for 1035 N Serrano
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90029.
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