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6,448 sqft

$2,499,000

1056 S Serrano, Los Angeles CA, 90006

Price per sqft$387.56
Built in1937
Property size6,448 sqft
Property typeCondominium
Listed by David Abas CA DRE# 01422571 with Equity Union 310-400-2222

Overview

Active

Listed Apr 13, 2026

Updated 3 weeks ago

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!

$16,626/mo

Est. mortgage payment based on a $2,499,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26070209

Interior Features

Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Maintenance Expense
$4,565
Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by David Abas CA DRE# 01422571 with Equity Union 310-400-2222

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/10/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/10/2026 at 3:18 AM UTC Last Checked: 3:18 AM UTC

 

 

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