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Listed by JOSEPHINE SAN LUCAS • KELLER WILLIAMS LARCHMONT
$ 1,199,999
Est. payment /mo
Active
1050 S Berendo ST Los Angeles, CA 90006
5,906 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMB25165321
Style Craftsman,Bungalow
Year Built 1895
Lot Size 5,906 Sqft
Source California Regional MLS
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 1,128 sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room /Office 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
Rooms
Kitchen Oven Range - Gas, Oven - Gas
Interior
Heating Wall Furnace
Cooling Whole House / Attic Fan, Window / Wall Unit
Flooring Laminate
Laundry Other
Exterior
Parking Features No Parking, Off-Street Parking
Pool 31, None
View None
Roof Type Composition
Building
Story One Story
Water District - Public
Architectural Style Craftsman, Bungalow
Others
Tax ID 5078011013
Special Listing Condition Not Applicable
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