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$1,500,000

  • For Sale
  • Active
  • Lots/Land
  • 0.1426 Acres
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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.

Full Property Details for 1028 S Serrano Ave

General

  • Price: $1,500,000
  • Status: Active
  • Type: Lots/Land
  • Source: CLAW
  • MLS ID: 25610149
  • Updated: 11/24/2025
  • Added to Site: 87 day(s) ago

Location

  • Area: Mid-Wilshire
  • County: Los Angeles
  • Driving Directions: S. Of Olympic Blvd E. of Western Ave

Lot Features

  • Lot Size (Acres): 0.1426
  • Lot Size: 6211
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 46 x 135
  • Present Use: 3 Unit RSO
  • Potential Use: 57-unit fully affordable, AB2345 and AB1763 state density bonus programs.
  • Zoning: LAR4

Disclosures and Reports

  • Disclosures/Reports: Building Plans Available
  • APN: 5080-017-016

Listed by Keller Williams Beverly Hills, Kevin Danialifar and Keller Williams Beverly Hills, Jordan Petito

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Listing agents

— 1028 S Serrano Ave —

  • Kevin Danialifar

    Keller Williams Beverly Hills

  • Jordan Petito

    Keller Williams Beverly Hills

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1028 S Serrano Ave

School District:Los Angeles Unified School District
NameGradesDistance
Los Angeles Elementary School
1211 South Hobart Boulevard, Los Angeles, CA 90006
K-50.3 mi
Berendo Middle School
1157 South Berendo Street, Los Angeles, CA 90006
6-80.6 mi
West Adams Preparatory High School
1500 West Washington Boulevard, Los Angeles, CA 90007
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1028 S Serrano Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$1,500,000
-16.67%
MLS
10/22/2025
Listed
$1,800,000
41.18%
MLS
4/25/2022
Sold
$1,275,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1028 S Serrano Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,168
3%
$1,326,510
2%
2023
$15,708
45%
$1,300,500
46%
2022
$10,816
1%
$892,410
2%
2021
$10,683
-1%
$874,913
1%
2020
$10,792
4%
$865,943
2%
2019
$10,369
1%
$848,965
2%
2018
$10,224
2%
$832,320
2%
2017
$10,005
2%
$816,000
2%
2016
$9,783
111%
$800,000
117%
2015
$4,645
-1%
$368,857
2%
2014
$4,680
—
$361,633
—
2013
$4,675
—
$360,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1028 S Serrano Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Beverly Hills, Kevin Danialifar and Keller Williams Beverly Hills, Jordan Petito

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1028 S Serrano Ave, Los Angeles, CA 90006 (MLS# 25610149) is a Lots/Land property with a lot size of 0.1426 acres. 1028 S Serrano Ave is currently listed for $1,500,000 and was received on October 22, 2025. Want to learn more about 1028 S Serrano Ave? Do you have questions about finding other Lots/Land real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.

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