204 S Serrano Avenue, Los Angeles, CA 90004

Property Description

We are pleased to present 204 S Serrano Ave, a charming 4-unit apartment property located in the vibrant Koreatown neighborhood of Los Angeles, CA. Built in 1916, the property consists of four (4) spacious two-bedroom + one-bathroom townhouse-style units, thoughtfully spread across two separate buildings. The buildings total approximately 4,336 gross square feet and sit on a 5,499 square foot lot. 204 S Serrano Ave is positioned in the heart of Koreatown, one of Los Angeles' most dynamic and culturally rich neighborhoods. Residents benefit from immediate access to an abundance of shopping, dining, and entertainment options, as well as excellent proximity to Downtown Los Angeles, Hollywood, and Mid-Wilshire. The property offers superb connectivity throughout the city, with easy access to major thoroughfares including Wilshire Blvd, Olympic Blvd, and the nearby 101 and 10 Freeways. This central location is highly desirable for renters seeking both convenience and a lively community atmosphere. 204 S Serrano Ave presents a rare opportunity for investors to acquire a well-located multifamily asset with strong fundamentals and value-add potential. The property's large townhouse-style units, combined with the area's consistent rental demand, create an attractive long-term investment with significant upside through strategic renovations and turnover.