Los Angeles, CA 90029 857 Serrano Place

Introducing an exceptional four-unit property that spans an impressive 1,956 square feet, elegantly set on a spacious 4,727 square foot lot. This property is brimming with potential for the discerning investor. With ample room for the addition of four more ADUs in the backyard, you can significantly enhance your rental income. Experience breathtaking views of the vibrant neighborhood and iconic Hollywood, embodying the charm of this trendy area. Currently, all four units benefit from long-term, reliable tenants, each unit attractively priced below the current market rates, providing an incredible opportunity for substantial rent increases. Many units feature tasteful renovations, further enhancing their appeal. Located in the lively and picturesque Melrose Hill, a true treasure within the Hollywood Studio District, this property is an outstanding investment opportunity waiting for the right owner to unlock its full potential.