527

N. SERRANO AVE

EAST HOLLYWOOD/KOREATOWN

Early morning aerial view down Wilshire Blvd in the Koreatown area of Los Angeles Californ

5 Units 
Value Add

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Property

The Asset

Units

Year Built

Gross SF

Lot Sf

APN

Summary

5

1956

4,418

6,750

5521-013-019

SNAPSHOT

East Hollywood

Koreatown

Value Add

Opportunity

Value Add with 30% Upside

City of Los Angeles cityscape skyline scenic aerial view at sunset..jpg
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Overview

Investor Envy

Ability to Increase income based on vacant

unit and below market rents

Convert Apt # 5 – Currently a Large 3Bd/2Ba into a2Bd/1Bed plus Studio Unit resulting in a substantialincrease in income and value

Add 2 Bd/2Ba, 870 sf ADU unit above the rear parking garage area

Location Envy

Ideally Situated between East Hollywood and Koreatown

90% of the population are renters* = Strong demand

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Drone Aerial Afternoon View from Wilton Pl and W 5th St toward Los Angeles LA Downtown abo

Matthew May, Founder

888.805.8188 x1

323.620.9845 Mobile

Matthew@MRA.LA

BRE # 00912472

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Richard Huelsman

Managing Director

310.463.3102

Richard@mra.la

BRE #01956167

 
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