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!
For sale
Listing Provided by:
May Arroyo DRE #01083775 626-688-6888,
Premier Properties Realty Prof
$2,600,000
1184 N Berendo St, Los Angeles, CA 90029
--beds
11baths
7,864sqft
Est.:
Mixed Use
Built in 1958
-- sqft lot
$2,512,200 Zestimate®
$331/sqft
$-- HOA
What's special
- 225 days
- on Zillow |
- 37 |
- 5 |
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