1050 S Berendo Street, Los Angeles, CA 90006
Local realty services provided by:ERA North Orange County Real Estate
1050 S Berendo Street,Los Angeles, CA 90006
$1,199,999
- - Beds
- - Baths
- 2,928 sq. ft.
- Multi-family
- Active
Listed by:josephine san lucas
Office:keller williams larchmont
MLS#:MB25165321
Source:CRMLS
Price summary
- Price:$1,199,999
- Price per sq. ft.:$409.84
About this home
Located in the heart of Korea Town this Charming 5 -unit Commercial complex features a great mix of residential properties amongst three separate structures on a High Density R-4-1 Zone with Upside potential . Four Bungalow style homes approximately 450 sq ft each and a Large 2 bedroom 1 bath Craftsman house at rear boasting approximately 1,128 sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room /Office and work shed , plenty of common area for tenants and low maintenance on landscaping . These units are Fully occupied providing immediate rental income for the savvy investor . Property boast a competitive cap rate of 5.5% reflecting a strong income potential and investment viability in a rapidly growing neighborhood. Half a block south of Olympic blvd. within walking distance of Hannam chain market , Berendo Highschool and public transportation just to name a few
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Home facts
- Year built:1895
- Listing ID #:MB25165321
- Added:56 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Living area:2,928 sq. ft.
Heating and cooling
- Cooling:Wall Window Units, Whole House Fan
- Heating:Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:1895
- Building area:2,928 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$1,199,999
- Price per sq. ft.:$409.84
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