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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

Overview

Active

Listed Apr 13, 2026

Updated 4 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

Also listed on CLAW

Listed by David Abas, Equity Union, CA DRE 01422571

Listing Contact: 310-400-2222 

Based on information from the CRISNet MLS as of 9/10/2026, 6:40 AM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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