Description

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!

Property details

Year built

1937

Property type

Residential Income

Lot size

12,400 sqft

Location

1056 S Serrano • Los Angeles, CA 90006

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Listed by

David Abas · Equity Union

Similar Listings

Recent sales near 1056 S Serrano

1036 S Serrano 105: Sold $615,000 · 2 bd · 2 ba · 1,160 sqft · May 2026 · 0.0 mi
New Star Realty & Investment | DRE #01360207
Buyer's agent: Esther Kaveney, California Bridge Realty | DRE #01969767
1036 S Serrano Avenue 401: Sold $879,000 · 3 bd · 2 ba · 1,680 sqft · May 2026 · 0.0 mi
Dream Realty & Investments Inc | DRE #01998973
Buyer's agent: Jennie Izumi, BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate | DRE #01873270
1055 S Serrano Avenue 502: Sold $875,000 · 3 bd · 2 ba · 1,530 sqft · May 2026 · 0.0 mi
Redpoint Realty | DRE #01891854
Buyer's agent: Sohyoen Holthaus, Urban Real Estate, Inc. | DRE #02251123
1026 S Oxford Avenue 305: Sold $560,000 · 2 bd · 2 ba · 990 sqft · Jan 2026 · 0.1 mi
Dream Realty & Investments Inc | DRE #02097420
Buyer's agent: Jinwook Cho, Dream Realty & Investments Inc | DRE #01456384
1138 S Serrano Avenue 102: Sold $770,000 · 3 bd · 2 ba · 1,530 sqft · Apr 2026 · 0.1 mi
Epique Realty | DRE #01330976
Buyer's agent: Tiffany Sung Park, Keller Williams Larchmont | DRE #01938831
3013 W 11th Street: Sold $1,000,000 · 9 bd · 9 ba · 5,344 sqft · Jul 2026 · 0.1 mi
Equity Union | DRE #01934177
Buyer's agent: Josh Kaplan, Equity Union | DRE #01934177
1120 S Harvard Boulevard: Sold $1,300,000 · 10 bd · 6 ba · 4,488 sqft · Jan 2026 · 0.1 mi
Seeders Real Estate | DRE #02015458
Buyer's agent: Jinny Macfarlane, Real Estate eBroker, Inc. | DRE #01916688
1204 S Hobart Boulevard: Sold $1,200,000 · 8 bd · 6 ba · 3,561 sqft · Jul 2026 · 0.2 mi
Level Real Estate | DRE #01861903
Buyer's agent: Yun Young Kwag, New Star Realty | DRE #01935957

Closed sales reported in 90006, nearest first, last 12 months. All recent sales in Los Angeles →

Residential Income - 1056 S Serrano, Los Angeles, CA