Prevu by reAlpha
BuySellBlogBrowse Listings
1056 S Serrano, Los Angeles CA 90006
1056 S Serrano, Los Angeles CA 90006
1056 S Serrano, Los Angeles CA 90006
1056 S Serrano, Los Angeles CA 90006
1056 S Serrano, Los Angeles CA 90006
1056 S Serrano, Los Angeles CA 90006
1056 S Serrano, Los Angeles CA 90006
1056 S Serrano, Los Angeles CA 90006
1056 S Serrano, Los Angeles CA 90006
1056 S Serrano, Los Angeles CA 90006
1056 S Serrano, Los Angeles CA 90006
1056 S Serrano, Los Angeles CA 90006
California>Los Angeles>Wilshire Center - Koreatown

1056 S SerranoLos Angeles, CA 90006

For Sale

$2,899,000

Smart Buyer Rebate $28,990

Prime development opportunity in the heart of Koreatown. This rare offering includes two 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.

Listed by David Abas

·

License #01422571

·

Equity Union

·

310-400-2222

Listed by Gal Moshe

·

License #01999632

·

Equity Union

Last updated April 13, 2026

·

Source: CRMLS #SR26070209

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilshire Center - Koreatown
  • Days on Prevu19

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/13/2026
Listed by Equity Union
$2,899,000

Property Details for 1056 S Serrano

Association

Amenities

  • Community Features: Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 7
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1937
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 6,448
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.28
  • Lot Size Area: 12,400
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12,400
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $94,542.00
  • Operating Expense: $29,237.00

Taxes

  • Parcel Number: 5080017021

Other

Location

  • Tax Block: E
  • Tax Lot: 26

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Total: 2

Utilities

Equipment

  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1056 S Serrano.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1056 S Serrano.

How does 1056 S Serrano compare to other multi-family homes in Wilshire Center - Koreatown?

This multi-family home is listed 3% above the average price for multi-family homes in Wilshire Center - Koreatown and has been on the market for 75 less days than the typical home in this area.

1056 S Serrano is a -bedroom multi-family home for sale in Los Angeles CA 90006. On Prevu for 19 days at $2,899,000. This residence is located in Wilshire Center - Koreatown. The median listing price for multi-family homes in this area is $1,200,000. The home offers parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.