1004 N Serrano Ave & 5217 W Romaine St

For Sale

1004 N Serrano Ave & 5217 W Romaine St, Los Angeles, CA 90029

This Los Angeles property for sale is located at 1004 N Serrano Ave & 5217 W Romaine St. The current listed sale price for 1004 N Serrano Ave & 5217 W Romaine St is $2,900,000. 1004 N Serrano Ave & 5217 W Romaine St is situated on a lot that is 0.28 acre in size.

Contacts

Jakob Friedman

NAI Capital

Property Details

  • Property Type VacantLand
  • Property Size 3,798 SF
  • Lot Size 0.28 Acre
  • Year Built 1911
  • Date Updated Jul 24, 2026
A cleared, assembled two-parcel development pad in one of Los Angeles' most connected and supply-constrained infill submarkets.A rare cleared and fully assembled development site in East Hollywood — where Hollywood, Los Feliz, Silver Lake, and Koreatown converge into one of the city's densest, most walkable, and most transit-rich rental districts. The Seller has already absorbed the slow, capital-intensive early work: assembling two parcels into a single ±12,317 SF pad and completing demolition, abatement, and RSO/Ellis clearance. What remains is a clean canvas positioned to capture the substantial density now available under the City's new Citywide Housing Incentive Program (CHIP). Priced on a per-door basis and surrounded by comparable land trades to $258/SF, the site offers a developer a defensible basis in a submarket where cleared, buildable infill is genuinely scarce.
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Highlights

  • 4060 units projected under CHIP. The Seller's architect projects 4060 units via the MIIP / State Density Bonus FAR-governed pathway well above the ±12 units under the prior TOC framework.*
  • Attractive per-door basis. At $2.9M, the site prices to ± $48K$73K per projected door below recent entitled-land trades.*
  • Cleared, clean & assembled. Two parcels combined into one ±12,317 SF pad, with demolition, abatement, and RSO/Ellis clearance complete the time-consuming site-prep work is done.
  • Exceptional connectivity. Walk Score 92, adjacent to the US-101, and minutes from three Metro B Line stations.
  • Supply-constrained submarket. Durable renter demand and a scarcity of cleared infill sites underpin values across East Hollywood / Silver Lake.

Attachments

Getting around

  • 91/100

    Walk Score ®

  • 63/100

    Transit Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Los Angeles, CA
  • Neighborhood East Hollywood
  • Zip Code 90029
  • Market Los Angeles

Points of Interest

  • Vermont/Santa Monica South Entrance

    0.82 miles

  • Vermont/Santa Monica North Entrance

    0.83 miles

  • Vermont/Santa Monica

    0.83 miles

  • Hollywood/Western Station

    0.90 miles

  • Hollywood/Western

    0.90 miles

  • Vermont/Sunset

    1.07 miles

  • Vermont/Sunset Entrance

    1.08 miles

  • Vermont/Beverly Station

    1.17 miles

  • Hollywood/Vine Station

    1.41 miles

  • Hollywood/Vine

    1.42 miles

  • Arco

    0.42 miles

  • Shell

    0.78 miles

  • Mobil

    0.86 miles

  • Chevron

    0.93 miles

  • 76

    1.10 miles

  • Sinclair

    1.12 miles

  • Tesla Supercharger

    4.57 miles

  • Electric Vehicle Charging Station

    4.79 miles

  • Parking electrique

    4.94 miles

  • FLO

    5.50 miles

  • Lemon Grove Parking

    0.53 miles

  • Van Ness Parking

    0.61 miles

  • East Bronson Parking

    0.69 miles

  • LACC Lot 3 & 4

    0.72 miles

  • West Bronson Parking

    0.76 miles

  • 4950 Sunset Parking

    0.78 miles

  • Lot B South Bronson Parking

    0.79 miles

  • MO Parking Lot

    0.80 miles

  • Sunset Bronson Studios Parking Structure

    0.81 miles

  • HC Parking

    0.82 miles

  • Hollywood Historic Hotel

    0.54 miles

  • Economy Inn

    0.62 miles

  • Value Inn

    0.68 miles

  • Hollywood Stars Inn

    0.68 miles

  • Super 8

    0.74 miles

  • Dunes Inn

    0.76 miles

  • Chateau Celeste Hollywood Hotel

    0.87 miles

  • Dixie Hollywood Hotel

    0.88 miles

  • Hollywood Hotel

    0.92 miles

  • Hollywood Premiere Motel

    0.92 miles

  • Jon's Marketplace

    0.18 miles

  • Smart & Final

    0.20 miles

  • Food 4 Less

    0.60 miles

  • Target

    0.65 miles

  • Lucy`s

    0.76 miles

  • American Ranch and Seafood Market

    0.81 miles

  • Tambuli Seafood Market #1

    0.87 miles

  • Bangluck Market

    0.91 miles

  • Ross

    0.92 miles

  • New Hollywood Plaza

    0.93 miles

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