1119 N Berendo, Los Angeles, CA 90029
Local realty services provided by:ERA North Orange County Real Estate
Listed by: lauren cearley, cheyenne womack
Office: myunits.com inc.
MLS#:BB26004205
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,550,000
About this home
1119 N Berendo, a 2021-built fourplex in Virgil Village (Silver Lake adj.), East Hollywood offering a strong 5.52% cap rate, four years of proven rental history, and a 100% stabilized income stream. The property features a desirable mix of three 3 bedroom units and one 2 bedroom unit, all separately metered with private balconies, in-unit laundry, and modern, easy-to-maintain finishes. Floorplans are noticeably larger than typical brand new construction in the area, with kitchen islands, generous living rooms, and oversized bedrooms and massive walk-in closets that support long-term tenant retention and consistently low vacancy. While many newer builds squeeze in extra bedrooms at the expense of livability, these layouts offer real space and comfort, contributing to strong performance over the last four years. This is a straightforward, low-expense rental asset in one of LAs fastest-growing Eastside submarkets minutes from Silver Lake and Los Feliz. Current market rents are $3,995, $3,900, $3,800, and $3,500 (2 bed) monthly. Strong occupancy since 2021 reinforces the propertys reliability for long-term income. Surrounded by Michelin Guide recognized restaurants including Saffys, Found Oyster, Budonoki, and Courage Bagels, and just moments from Erewhon and Silver Lake, 1119 N Berendo sits in a highly walkable, supply-constrained rental pocket. Its proximity to Hollywood, Los Feliz, and major job hubs such as Netflix HQ, Paramount Studios, Kaiser Hospital, and Sunset & Gower Studios attracts a stable renter base seeking newer construction with top Eastside amenities and night...
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Home facts
- Listing ID #:BB26004205
- Added:66 day(s) ago
- Updated:March 15, 2026 at 02:14 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:14
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Levels:3 Story
Finances and disclosures
- Price:$2,550,000
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