CA > Los Angeles
Los Angeles, CA 90006,1050 S Berendo ST
Los Angeles, CA 90006,1050 S Berendo ST
Los Angeles, CA 90006,1050 S Berendo ST
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$1,199,999
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5,906 Sqft Lot
Active

1050 S Berendo ST Los Angeles, CA 90006

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Brian Winter

Brian Winter

+1(559) 737-2923

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB25170536

HOA Y/N No

Year Built 1895

Lot Size 5,906 Sqft

Property Sub-Type Multi Family

Property Description

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 1128sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room 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

Location

State CA

County Los Angeles

Area Krea - Koreatown

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Inside, Laundry Room

Exterior

Fence Average Condition

Community Features Gated

Utilities Available Sewer Connected, Water Available

Roof Type Composition

Building

Lot Description Near Public Transit

Story 1

Water Public

Others

Tax ID 5078011013

Security Features Carbon Monoxide Detector(s),Gated Community

Special Listing Condition Standard

Virtual Tour https://www.wellcomemat.com/mls/596u72bdbad11m9gm

Lease Land No

CRMLS – RECore
Listed by JOSEPHINE SAN LUCAS KELLER WILLIAMS LARCHMONT 562-843-8748

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Brian Winter

Brian Winter

Agent | License ID: 0200992

+1(559) 737-2923

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1050 S Berendo ST

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