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1028 S Serrano Ave

Los Angeles, CA 90006
  • $1,200,000
  • STATUS: Active
  • ON SITE: 133 Days
  • MLS #: 25610149
Price Reduced
UPDATED: 67 min ago
$1,200,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

PartnersCRE is proud to present Serrano Apartments, a 57-unit fully affordable housing project at 1028 S Serrano Avenue in Koreatown. Designed under California's AB2345 and AB1763 density bonus programs, it offers a rare chance to create affordable homes in a high-demand Los Angeles neighborhood. The approved 7-story building will total about 25,631 square feet, with 8 studios and 49 one-bedrooms. Its consistent floor design supports efficient construction and long-term stability. Built on a 6,209-square-foot lot, the project reaches a 6.52:1 FAR, maximizing site use through incentives that allow added height and density. With no parking requirements, costs are reduced and the walkable, transit-oriented location is emphasized. Plans include 48 long-term and 5 short-term bicycle spaces, reflecting its sustainable, urban approach.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-03-07T12:42:59.943. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/169219508
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1028 S Serrano Ave Los Angeles, CA 90006

  • Price: $1,200,000
  • Status: Active
  • On Site: 133 Days
  • Updated: 67 min ago
  • MLS #: 25610149
0
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
PartnersCRE is proud to present Serrano Apartments, a 57-unit fully affordable housing project at 1028 S Serrano Avenue in Koreatown. Designed under California's AB2345 and AB1763 density bonus programs, it offers a rare chance to create affordable homes in a high-demand Los Angeles neighborhood. The approved 7-story building will total about 25,631 square feet, with 8 studios and 49 one-bedrooms. Its consistent floor design supports efficient construction and long-term stability. Built on a 6,209-square-foot lot, the project reaches a 6.52:1 FAR, maximizing site use through incentives that allow added height and density. With no parking requirements, costs are reduced and the walkable, transit-oriented location is emphasized. Plans include 48 long-term and 5 short-term bicycle spaces, reflecting its sustainable, urban approach.
Exterior Features

Horse YN No Lot Size Area 6211 View Description None View YN No

Property Features

Cable YN Yes Disclosures Building Plans Available Potential Usage 57-unit fully affordableAB2345 and AB1763 state density bonus programs. Present Use 3 Unit RSO Sale Type Standard Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Assessor Zoning LAR4

Listing provided courtesy of Kevin Danialifar DRE#01904911 of Keller Williams Beverly Hills: 310-432-6400.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-03-07T12:42:59.943. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Indian Wells CA, 92210