1184 N Berendo Street Active

Los Angeles,CA 90029

$ 2600000

- Bed

0 Bath

7864 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,864 sqft

Price per Sqft $330

MLS Listing ID CRAR24248488

HOA Y/N No

Year Built 1958

Lot Size 7,815 Sqft

Acres 0.18

Property Sub-Type Other

Property Description

PRICE IMOPROVEMENT!!! SELLER MOTIVATED TO SELL! Prime Corner Lot Investment Opportunity – 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!

Location

State CA

County Los Angeles

Zoning LARD

Interior

Fireplace No

Laundry No Hookups

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5540021001

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