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Prime development opportunity in the heart of Koreatown. This rare offering includes two 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.
Property Type(s):
Residential Income
| Last Updated | 4/13/2026 | Year Built | 1937 |
|---|---|---|---|
| Community | C17 - Mid-Wilshire | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AREA | C17 - Mid-Wilshire |
|---|---|
| GARAGE | Yes |
| LOT | 0.2847 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 12400 |
| POOL DESCRIPTION | None |
| SEWER | Unknown |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Equity Union
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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