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Closed
Closed
Koreatown
 | 
Multifamily

238 S. Serrano Avenue

Los Angeles, CA 90004
Offering Price
Sales Price
$9,800,000
Offering Highlights
Deal Highlights

Closed Escrow Within 60 Days of Signing the Listing Agreement.

Ten (10) Units were Delivered Vacant at the Close of Escrow.

Purchased at a 12.65 Gross Rent Multiplier (GRM).

One of Only Three Apartment Buildings more than 50 Units to Sell in Koreatown.

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Close of Escrow
1/23/2023
51

Units

27,252

Building SF

1972

Year Built

95

Walk Score

$359.61

Price/SF

$192,157

Price/Unit

4.54%

Current Cap

12.65

Current GRM

27,252

Building SF

1972

Year Built

$359.61

Price/SF

51

Units

27,252

Building SF

1972

Year Built

95

Walk Score

$359.61

Price/SF

$192,157

Price/Unit

4.54%

Current Cap

12.65

Current GRM

51

Potential Buildable Units

27,252

Land SF

$359.61

Price/Land SF

$192,157

Zoning

1972

Year Built

95

Walk Score

Property video
Property Location
Koreatown
Submarket
Lead Agent Info

Contact us for more information.

Andres Diaz

Managing Director
Multifamily Investments

(213) 797-7182

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