- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1969 build
- – on site
1536 N. Serrano Ave is a fee simple 42-unit LIHTC multifamily asset in East Hollywood. Built in 1969 and placed in service in 1997 under the 9% program, the property includes 41 income-restricted units and one manager's unit. The unit mix features large-family layouts with an average unit size of 1,441 SF. A 55-year regulatory agreement extends through 2052 with restrictions at 50% and 60% AMI. Subject to Los Angeles RSO. The three-story building sits over a gated, semi-subterranean garage with 72 secured spaces. Features include elevator access, courtyards, centralized mail, and a secure leasing office. Capital improvements include elevator upgrades (20212025), a Cool Roof (2017), LED lighting, and 15 renovated units. A central boiler, monitored fire sprinkler system, and updated electrical panels support long-term stability. As of July 2025, 61% of units are leased to Section 8 voucher holders. Delivered free and clear of debt. Walkable to Metro, Kaiser, and LACC.
Last checked:
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Last updated Jul 10, 2025
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MLS# 25563617 —
The Building
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Year Built:1969
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New Construction:No
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Building Area Total:60525.00
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Total Number Of Units:42
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# of Buildings:1
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Stories Total:3
Interior
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Levels:Three Or More
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:use google maps
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Latitude:34.09915500
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Longitude:-118.30662600
The Property
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Property Type:Residential Income
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Property Condition:Additions/Alterations, Updated/Remodeled
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Zoning:LAR4
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Lot Size Area:30152.0000
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Lot Size Acres:0.6922
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Lot Size SqFt:30152.00
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View:None
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Security Features:Automatic Gate, Fire and Smoke Detection System, Fire Sprinkler System, Resident Manager, Gated Community, Smoke Detector(s)
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5544019026
Heating & Cooling
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Heating:1
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Heating:Wall Furnace, Natural Gas
Utilities
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Sewer:Sewer Paid
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Water Source:Public
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Gated, Assigned
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Parking Spaces:72.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/10/25
Jul 10, 2025
|
Listed / Active | CRMLS_CA | $8,500,000 |