About 1056 S Serrano
Prime development opportunity in the heart of Koreatown. This rare offering includesTWO ADJACENT, TANDEM, CORNER TO CORNER parcels—1056 S Serrano Ave (4 units) and 1057 S Hobart Blvd (3 units)—to be sold together, providing a combined lot size of approximately 12,518 square feet with R4-1 zoning. The properties currently feature a total of 7 units with approximately 6,448 square feet of living space. Situated in a high-demand, transit-oriented location, the site offers close proximity to public transportation, major freeways, and vibrant retail and commercial corridors. Located within a TOC Tier 3 zone, this property presents a compelling opportunity for increased density and future development potential. Ideal for developers or value-add investors seeking to capitalize on one of Los Angeles’ most dynamic neighborhoods. Please do not disturb tenants. Drive-by only. Seller Motivated!
Features of 1056 S Serrano
| MLS® # | SR26070209 |
|---|---|
| Price | $2,499,000 |
| Bedrooms | 11 |
| Bathrooms | 10.00 |
| Acres | 0.28 |
| Year Built | 1937 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 1056 S Serrano |
|---|---|
| Area | C17 - Mid-Wilshire |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90006 |
Amenities
| Parking Spaces | 2 |
|---|---|
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Corner Lot |
|---|
Additional Information
| Date Listed | April 13th, 2026 |
|---|---|
| Days on Market | 151 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | David Abas |
|---|---|
| Office | Equity Union |