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432 S Serrano Avenue, Los Angeles CA 90020
Elegant and extremely rare large Colonial custom estate located in the heart of Koreatown. This 13 bedroom, 9 bathroom, 6,034 square foot masterpiece has been refurbished and upgraded (remodeled in 2006) and is located near Hancock Park, Larchmont Village, and Downtown. All of the additions are fully permitted. This is truly a unique home that must be seen in person in order to be fully appreciated. The home features an extravagant Asian garden with multiple fruit trees. Ideal for a very large family or it can easily be fully-rented or shared with tenants…the current owners are living in the front-house and renting out the upstairs (separate entry) and separate back-house to month-to-month tenants. The property can be delivered with the current tenants intact or completely vacant (buyer’s choice). The dividing walls between the separate living areas can be removed in order to make the property one large continuous house. The home features 3 air conditioning units and has parking for 7 cars. The owners are currently collecting $6,220 per month in rent and, if fully rented, the property can produce approximately $10,000 per month.