5
See all 5 photos
$1,800,000
Est. payment /mo
6,211 Sqft Lot
New
1028 S Serrano AVE Los Angeles, CA 90006
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25610149
HOA Y/N No
Lot Size 6,211 Sqft
Lot Dimensions Assessor
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.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5080017016
Financing Cash
Special Listing Condition Standard
Listed by Kevin Danialifar Keller Williams Beverly Hills
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