540 N Serrano Ave - Apartments FOR SALE


Los Angeles, CA 90004- East Hollywood
$5,600,000 USD
310-773-2553
540 N Serrano Ave, Los Angeles, CA for Sale
$5,600,000 USD
Apartments - FOR SALE
1/36
null | 5.41% Cap Rate

540 N Serrano Ave
Los Angeles, CA 90004
East Hollywood


HIGHLIGHTS

  • Expansive Rooftop Decks with Panoramic City Views
  • New construction
  • No HOA and No Common Walls
  • 4 separate APN's

OVERVIEW

Welcome to The Heights at Serrano We are pleased to present a unique investment opportunity: the chance to acquire four newly constructed single-family homes, each with its own distinct APN, located within a single residential enclave. This 2025 development offers a total of 18 bedrooms, 16 bathrooms, and up to 11 parking spaces, complemented by expansive rooftop decks and private backyards. Each home is freestanding with no shared walls and no HOA, ensuring privacy and flexibility for owners and tenants alike. This is a limited-time opportunity to acquire all four homes at a bulk portfolio price of $5,600,000, reflecting a $334,000 discount compared to the combined individual listing prices of $5,934,000. Investors can capture immediate value by purchasing the entire collection below market aggregate pricing. Whether you're seeking a high-performing investment, a multi-generational living solution, or a strategic real estate acquisition, The Heights at Serrano delivers exceptional value along with the tax benefits of a small lot subdivision. Please refer to the attached offering memorandum (OM) for details.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$383 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,400,000

CAP RATE

5.41%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Heights at Serrano - NO ULA

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,500 SF

ZONING

LAR3

APN/PARCEL ID

5521-012-031,5521-012-032,5521-012-033,5521-012-034

ASK ABOUT THIS PROPERTY

Dan MalkaEngel & Volkers Beverly HillsMore Info
310-773-2553

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Dan MalkaEngel & Volkers Beverly HillsMore Info
310-773-2553

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.