1056 S Serrano, Los Angeles, CA 90006

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About this home

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!

Type

Apartment

Year built

1937

Lot

12,400 sq ft

Garage

2 car

HOA

None

Pool

View

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Solar

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Estimated payment

$15,760/mo

Principal & interest$12,636
Property tax (est.)$2,395
Home insurance (est.)$729

Down payment: 20% ($499,800)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of David Abas, Equity Union, 310-400-2222. MLS# SR26070209. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 10:58 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.