CBRE Inc., as exclusive advisor to the Seller, is proud to present 502 N. Serrano Ave. in Koreatown. Meticulously cared for by the same family for two generations, the asset is incredibly well positioned for an investor to steward to new heights with cosmetic upgrades, unit turnover and potential ADUs. Over the past ±20 years, ownership has upgraded the major systems including converting to all copper plumbing, resurfacing and resealing exterior walkway decking, adding a new central water heater and performing a full roof replacement. In 2019, ownership completed the City’s mandatory soft-story retrofit. Units have been thoroughly renovated as they turn over, replacing the original bathroom wall heaters with wall/window air-conditioning units. The downstairs unit on Serrano includes a private, secured patio for the tenant’s use. Please visit the Property Website to access the Virtual Deal Room.