966 N Serrano Avenue, Los Angeles, CA 90029

About this property

First time on the market in 37 years. Owner-users this is your move. Two units delivered vacant. Bring your suitcases, your furniture, and you're in, with built-in income from day one. Investors 6% CAP, 12.17% GRM. Two of the best units vacant so you can hit market rents immediately and start optimizing the asset right out of the gate. Well-positioned Hollywood triplex with a clean, functional layout: two large 2-bed, 1.5-bath units (up and down) plus a separate 1-bed, 1-bath above the garage. Upper 2-bed and garage unit delivered vacant. Four-car garage in the rear with strong ADU potential clear path to a four-unit property (buyer to verify). Large private yard, mature landscaping, real space that tenants actually feel. Major systems already handled copper plumbing, newer sewer line, recently built redwood/deckwood staircase. No heavy lifting, just upside.Melrose Hill location right between Larchmont, Silver Lake, Los Feliz, and Koreatown. Walkable, rentable, desirable.Clean asset. Vacancy. Upside. Location.

Listing description from the June 2026 sale, as reported to CRMLS.

Sale history

$1,120,000

Sold June 2026 · listed $1,150,000, on market March 2026 · MLS #26671913 · Source: CRMLS

Listing Agent: Glenn Shelhamer · Listing Office: The Shelhamer Real Estate Group · Contact: 310-913-9477 · Bought with: Rachel Bigio · Keller Williams Larchmont

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