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FOR SALE

1056 S Serrano

Los Angeles, CA 90006

12,400 Lot Sq Ft

Built 1937

$2,749,000

Price ReducedWas $2,899,000 — $2,749,000 (-$150,000)

Property Overview

Prime development opportunity in the heart of Koreatown. This rare offering includesTWO 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. Seller Motivated!

Home Details

Property type: ResidentialIncome - Apartment
Year built: 1937
Lot size: 12,400 sq ft
Parking: 2 spaces
Garage: 2 spaces
Stories: 2
Days on market: 92
MLS status: Active

Features & Amenities

Pool

None

Lot

Corner Lot

Community, Schools & Utilities

Utilities

Water: Public
Sewer: Unknown

Browse more homes for sale in Los Angeles

Location & Neighborhood

1056 S Serrano

Los Angeles, CA 90006

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Frequently Asked Questions About 1056 S Serrano

Property type: Residential Income

The current asking price is $2,749,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1056 S Serrano. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1937. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 92 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

Listing Agent

Name: David Abas

Email: david@davidabas.com

Phone: 818-657-6500

MLS ID: F207057275

Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of the most recent data update available to this website and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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FOR SALE

1056 S Serrano

Los Angeles, CA 90006

12,400 Lot Sq Ft

Built 1937

$2,749,000

Price ReducedWas $2,899,000 — $2,749,000 (-$150,000)

Property Overview

Home Details

Property type: ResidentialIncome - Apartment
Year built: 1937
Lot size: 12,400 sq ft
Parking: 2 spaces
Garage: 2 spaces
Stories: 2
Days on market: 92
MLS status: Active

Features & Amenities

Pool

None

Lot

Corner Lot

Community, Schools & Utilities

Utilities

Water: Public
Sewer: Unknown

Browse more homes for sale in Los Angeles

Property history and records

Current and historical fields retained from CRMLS listing updates.

CRMLS/Trestle

Current status: Active
Current list price: $2,749,000
Annual property tax: Not reported
HOA: Not reported
School district: Not reported
Data updated: Jul 14, 2026

Listing data can change. Tax, HOA, school, status, and sale information must be independently verified with the responsible authority and transaction documents.

Location & Neighborhood

1056 S Serrano

Los Angeles, CA 90006

Open in Google Maps Open in Apple Maps

Frequently Asked Questions About 1056 S Serrano

Property type: Residential Income

The current asking price is $2,749,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1056 S Serrano. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1937. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

The MLS currently reports the property as Active. It has been listed for 92 days. Status can change, so verify availability before relying on it.

Similar homes and recent comparisons

Same-city properties with matching listing type and similar bedroom counts, separated into current listings and recorded sales.

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Recently sold comparisons

1935 Arapahoe$888,000 sold

Sold amounts use recorded close prices when available. These matches are orientation only, not an appraisal or comparative market analysis.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

Listing Agent

Name: David Abas

Email: david@davidabas.com

Phone: 818-657-6500

MLS ID: F207057275

Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.

1056 S Serrano

Property Overview

Home Details

Features & Amenities

Pool

Lot

Community, Schools & Utilities

Utilities

Location & Neighborhood

1056 S Serrano

Frequently Asked Questions About 1056 S Serrano

What clients say

Get More Info

Reza Barghlameno

1056 S Serrano

Property Overview

Home Details

Features & Amenities

Pool

Lot

Community, Schools & Utilities

Utilities

Property history and records

Location & Neighborhood

1056 S Serrano

Frequently Asked Questions About 1056 S Serrano

Similar homes and recent comparisons

Similar active homes

Recently sold comparisons

What clients say

Get More Info

Reza Barghlameno

Property history and records

Similar homes and recent comparisons

Similar active homes

Recently sold comparisons