Listed by May Arroyo of Premier Properties Realty Prof [email protected]
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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!
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Listing Snapshot
Price
$2,750,000
Days On Site
11 Days
Bedrooms
N/A
Inside Area (SqFt)
7,864 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1794 Acres
Year Built
1958
MLS® Number
AR24248488
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 weeks ago
Status changed to Active
2 weeks ago
Listing updated with changes from the MLS®
2 weeks ago
Listing first seen on site
General Features
Acres
0.1794
Carport
8
Number Of Stories
2
Parking Spaces
9
Property Sub Type
Mixed Use
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
7864
Stories
Two
Water Source
Public
Zoning
LARD1.5
Interior Features
Laundry Features
None
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Exterior Features
Pool Features
None
Spa Features
None
Community Features
Building Access
Berendo/1
Community Features
Sidewalks
Financing Terms Available
CashConventionalFHA
MLS Area
C17 - Mid-Wilshire
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.