Properties
Los Angeles, CA 90004 532 N Berendo Street
$1,395,000
23 more
Presented By: Yigal Fatirian with Lyon Stahl Investment Real Estate, Inc.;
Beds • 11
Baths • 4
SQFT • 3,428
Home Details
532 N. Berendo Street is a five-unit apartment property (four units per title) situated on a 7,505 square foot corner lot in East Hollywood. The asset offers investors the ability to obtain residential financing, as it is reflected as a four-unit building on title, and may be delivered with up to TWO UNITS VACANT creating immediate upside through lease-up, renovation, or owner-user occupancy. Zoned R3 and located in a Tier 3 TOC area, the oversized lot provides significant value-add and redevelopment potential, including an ADU addition and possible ED1 eligibility (buyer to verify). The unit mix is made up of Three 2B 1BA, One 3B, 1BA, and One non conforming 2B, 1BA.
Presented By: Yigal Fatirian with Lyon Stahl Investment Real Estate, Inc.;
Interior Features for 532 N Berendo Street
Bedrooms
Total Bedrooms11
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths5
Other Interior Features
Air Conditioning Y/NYes
Heating Y/NYes
Total Stories
General for 532 N Berendo Street
AppliancesDishwasher, Microwave, Dryer, Washer
Cap Rate6.84
CityLos Angeles
CoolingCentral Air
CountyLos Angeles
DirectionsNorth of Beverly Blvd. Between Normandie and Vermont.
Full Baths
Gross Income144564
HOANo
HeatingCentral
LevelsTwo
Living Area3428
Lot Size Square Feet7505
Lot Size UnitsSquare Feet
MLS AreaC17 - Mid-Wilshire
Net Operating Income95453
New ConstructionNo
Number Of Units Total4
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1908
ZoningLAR3
Exterior for 532 N Berendo Street
Building Area Total3428
Lot Size Acres0.1723
Lot Size Area7505
Number of Buildings2
Parking FeaturesDriveway
Total Parking5
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
