About 1184 N Berendo Street
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!
Features of 1184 N Berendo Street
| MLS® # | AR24248488 |
|---|---|
| Price | $2,600,000 |
| Bathrooms | 4.00 |
| Lot Size | 7,815 |
| Year Built | 1958 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 10 |
Community Information
| Address | 1184 N Berendo Street |
|---|---|
| Area | C17 - Mid-Wilshire |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90029 |
Amenities
| Parking Spaces | 9 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|
Additional Information
| Date Listed | December 23rd, 2024 |
|---|---|
| Days on Market | 384 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | May Arroyo |
|---|---|
| Office | Premier Properties Realty Prof |