New
$799,000
5 bd · 4 ba · 1,911 sqft · 5,528 sqft lot
644 N Serrano Ave, Los Angeles, CA 90004
Multi-family · Built 1912 · $418/sqft ·
$4,894/mo est. payment
- Stories
- 1
Flood factor 1/10
About this home
ALL UNITS SEPARATELY METERED FOR WATER, GAS, AND ELECTRIC. A MAJOR VALUE ADD FOR INVESTORS! Located in Los Angeles within the vibrant Melrose District, this well-positioned triplex offers an excellent opportunity in one of the city's most sought-after urban neighborhoods, known for its trendy boutiques, diverse dining, and close proximity to Hollywood, Koreatown, and Downtown LA. This multi-family property features three units with a functional layout, including a front unit with 3 bedrooms and 2 bathrooms, a rear unit with 2 bedrooms and 1 bathroom, and an additional studio unit with 1 bathroom, creating multiple income streams and flexible living options. Ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage by renting out additional units, the property offers versatility for both income generation and multi-generational living. Gated property with rear access and parking for up to six vehicles in the back. Conveniently located near Melrose Avenue, major freeways, public transportation, shopping, dining, and key employment hubs, this property is perfectly situated for long term value and demand. ALL UNITS ARE SEPARATELY METERED FOR WATER, GAS, AND ELECTRICITY, A SIGNIFICANT ADVANTAGE THAT HELPS REDUCE OPERATING EXPENSES AND INCREASE OVERALL INVESTMENT EFFICIENCY. Buyer to verify all information, including permits, square footage, and unit details.***The property is back on the market due to the buyer's financing. There were no issues with the property, and all inspection reports are available for your review.***
Facts and features
Bedrooms
- Bedrooms: 5
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Heating and Cooling
- Cooling Features: Wall Unit(s)
- Heating Features: Wall
Land Info
- Lot Size Acres: 0.1269
- Lot Size Dimensions: 40x138
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 5526
Garage and Parking
- Parking Features: Driveway, Gated
- Parking Total: 6
- Uncovered Spaces: 6
Multi-Unit Info
- Number of Buildings: 3
- Number of Units: 3
- Unit Type: Triplex
- Bedrooms in Unit-1: 3
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 0
- Total Bathrooms in Unit-1: 2
- Total Bathrooms in Unit-2: 1
Rental Info
- Gross Income: 87600
- Gross Scheduled Income: 87600
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Directions: From the 10 Freeway, exit Western Ave and head north. Turn left on Melrose Ave, then left on Serrano Ave. Property will be on the right.
- Source Property Type: Residential Income
- Area: Mid-Wilshire
- Source Neighborhood: Mid-Wilshire
- Parcel Number: 5521-004-005
- Postal Code Plus 4: 1766
Schools
- 6
Harvard Elementary School
elementary · K-5 · 0.4 mi
- 7
Virgil Middle School
middle · 6-8 · 1.1 mi
- 5
Fairfax Senior High School
high · 9-12 · 3.1 mi
Beverly Christian Academy, Inc.
elementary · K · 0.5 mi
- 8
Alexandria Avenue Elementary School
elementary · K-5 · 0.6 mi
- 4
Van Ness Avenue Elementary School
elementary · K-5 · 0.6 mi
Price history
- Sep 5, 2026 · Listing Removed—
- Sep 5, 2026 · Listed$799,000
- Jun 29, 2026 · Listed$875,000
- Jun 6, 2026 · Listing Removed—
- Feb 23, 2026 · Listed$995,000
- Jul 1, 1991 · Sold$230,000
- Jun 12, 1986 · Sold$95,000
Tax history
- 2025$5,829 tax · $463,266 assessed
- 2024$5,742 tax · $454,184 assessed
- 2023$5,639 tax · $436,550 assessed
- 2022$5,390 tax · $427,991 assessed
- 2021$5,316 tax · $419,600 assessed
- 2020$5,366 tax · $415,298 assessed
- 2019$5,163 tax · $407,156 assessed
- 2018$5,054 tax · $399,173 assessed
Home value
$791,000
- Collateral Analytics$791,000
- Quantarium$778,948
Where it is
Listed by Maria Sarmiento · KW Los Angeles · TheMLSCLAW
