1050 Berendo, Los Angeles CA 90006 | $1,199,999
Listing provided courtesy of JOSEPHINE SAN LUCAS of KELLER WILLIAMS LARCHMONT. Last updated 2025-11-14 09:26:48.000000. Listing information © 2025 SANDICOR.
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
More Details
1 Story
Parking Spots: 0.00
Carport Spaces: 0.00
Asset Class: Multi-Family
Sewer Connected
Water Available
Security Feature: Carbon Monoxide Detector(s)
Security Feature: Gated Community
Roof: Carbon Monoxide Detector(s)
Roof: Gated Community
Construction Materials: Wood Siding
Heating: Wall Furnace
David Piper
Call or Text: 858-525-5007
DRE# 02021985
