Listing provided courtesy of JOSEPHINE SAN LUCAS of KELLER WILLIAMS LARCHMONT. Last updated 2025-08-23 08:41:03.000000. Listing information © 2025 Sandicor.
Asking Price: $1,199,999 |
1050 Berendo, Los Angeles CA 90006
Community: KREA - Koreatown
This Multi Family property was built in 1895 and is priced at $1,199,999. Please see the additional details below.
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