$2,600,000
0.18 Acre Lot

1184 N Berendo Street, Los Angeles, California 90029

  • Residential Income Property Type
  • 1958 Year Built
Property Description

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!

Basic Details
Residential Income
For Sale
AR24248488
$2,600,000
1958
0.18 Acre
Active
1
Mixed Use
Features
: None
8.0
: None
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90029
Berendo
1184
Street
W119° 42' 23.2''
N34° 5' 35.8''
Distance from City College is within 10 minutes or 0.6-mile.
C17 - Mid-Wilshire
N
LARD1.5
Additional Information
$0
$0
$0
$0
$0
7864
: Sidewalks
1
: Two
: 0-1 Unit/Acre
10
2024-12-30
2750000
2
2
: Public
Broker/Agent Information
Premier Properties Realty Prof
May Arroyo
Listing Information
AR40875
30698
Cash,Cash to New Loan,Conventional,FHA
Active
2025-01-22T19:43:21Z
CRMLS
: Standard
2024-12-30T14:09:33Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069