Properties

Los Angeles, CA 90029 1184 N Berendo Street

1184 N Berendo Street Los Angeles, CA - Image 11184 N Berendo Street Los Angeles, CA - Image 2
Presented By: May Arroyo with Premier Properties Realty Prof; 626-688-6888
  • MLS# AR24248488
  • 12/23/2024
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  • Baths • 1
  • SQFT • 7,864

Home Details

PRICE IMOPROVEMENT!!! SELLER MOTIVATED TO SELL! Prime Corner Lot Investment Opportunity โ€“ 1184 N Berendo Street, Los Angeles. Exceptional 10-unit apartment building in East Hollywood, just two blocks from Sunset Blvd. With a proforma CAP rate of 8.5%+, this value-add opportunity features 7,864 SF of living space on a 7,815 SF corner lot. The unit mix includes (8) 1B+1B, (1) 2B+1B, and (1) 2B+2B, with one vacancy and nine parking spaces. Centrally located near Larchmont Village, Koreatown, and Downtown LA, this property benefits from its proximity to top employers (Netflix, Kaiser, Paramount) and major retailers (Ralphs, Starbucks). Easy freeway access and strong rental demand make it a standout investment in a highly desirable area. SELLER WILL LISTEN TO ALL REASONABLE OFFERS!
Presented By: May Arroyo with Premier Properties Realty Prof; 626-688-6888

Interior Features for 1184 N Berendo Street

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 1184 N Berendo Street

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Spaces8
Carport Y/NYes
CityLos Angeles
Community FeaturesSidewalks
CountyLos Angeles
DirectionsDistance from City College is within 10 minutes or 0.6-mile.
Electric Expense
Entry LocationBerendo/1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income
Insurance Expense
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, FHA
Lot Size Square Feet7815
Lot Size UnitsSquare Feet
MLS AreaC17 - Mid-Wilshire
Net Operating Income
New ConstructionNo
Number Of Units Total10
Open Parking Spaces1
Operating Expense0
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot103
Trash Expense0
Water Sewer Expense0
Year Built1958
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 1184 N Berendo Street

Building Area Total7864
Lot Features0-1 Unit/Acre
Lot Size Acres0.1794
Lot Size Area7815
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking9
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,600,000
MLS#AR24248488
List Date 12/23/2024
Property Type Multi-Family
Phone 888.795.6274
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