For Sale
$2,499,000

1056 S Serrano

Los Angeles, CA 90006

  • 12,400 sq ft lot
  • Built 1937

Listed by: Equity Union · 310-400-2222

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!

Home details

Interior

Levels
Two
Laundry
None

Exterior & lot

Lot size
12,400 sq ft (0.28 acres)
Lot features
Corner Lot
Pool
None
Garage spaces
2
Common walls
2+ Common Walls

Property & community

Property type
Apartment
Year built
1937
Community
Street Lights, Sidewalks
County
Los Angeles
MLS #
SR26070209
Listed
Apr 13, 2026

Location

Listed by: Equity Union · 310-400-2222

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 9, 2026 3:30 am.

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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

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