HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?
Additional details
$ 5,300,000
Est. payment /mo
Active
810 S Berendo Street Los Angeles, CA 90005
5 Beds
5 Baths
7,252 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25026400
Bedrooms 5
HOA Y/N No
Lot Size 7,252 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
"DO NOT walk on the property or disrupt tenants. Contact Listing Agent for property showing instructions." Well-maintained three-story, 17 units apartment complex located in prime and highly desirable Korea Town. It built in 1991 and has the AB 1482 Designation, allowing annual rent increases of 5%, plus the CPI, in 2024. The property consists 14 units of 2 BR/2 BA and 3 units of 1 BR/1 BA, is situated in a highly desired rental market strong investor and tenant demand. Gated entrances, 2 levels of parking and elevator to all floors. Convenient for work and entertainment; just 2 blocks from Wilshire Blvd. and 5 minutes to Wilshire / Western Metro Station. Convenient access to FWY 10, 101 and 110. Easy access and walking distance to major markets, restaurants, banks, schools, healthcare facilities, and other business. All units have central air and heat, and have separate gas and electric meters. The monthly gross income is approximately $30K; the on-site laundry room generates additional income. This property offers excellent potential for long-term income and appreciation. PLEASE TEXT AGENT: MARIAN WONG 626-497-2353 OR 626-263-0882 SEND OFFERS TO: marianwong.realty@gmail.com. >
"DO NOT walk on the property or disrupt tenants. Contact Listing Agent for property showing instructions." Well-maintained three-story, 17 units apartment complex located in prime and highly desirable Korea Town. It built in 1991 and has the AB 1482 Designation, allowing annual rent increases of 5%, plus the CPI, in 2024. The property consists 14 units of 2 BR/2 BA and 3 units of 1 BR/1 BA, is situated in a highly desired rental market strong investor and tenant demand. Gated entrances, 2 levels of parking and elevator to all floors. Convenient for work and entertainment; just 2 blocks from Wilshire Blvd. and 5 minutes to Wilshire / Western Metro Station. Convenient access to FWY 10, 101 and 110. Easy access and walking distance to major markets, restaurants, banks, schools, healthcare facilities, and other business. All units have central air and heat, and have separate gas and electric meters. The monthly gross income is approximately $30K; the on-site laundry room generates additional income. This property offers excellent potential for long-term income and appreciation. PLEASE TEXT AGENT: MARIAN WONG 626-497-2353 OR 626-263-0882 SEND OFFERS TO: marianwong.realty@gmail.com. >
"DO NOT walk on the property or disrupt tenants. Contact Listing Agent for property showing instructions." Well-maintained three-story, 17 units apartment complex located in prime and highly desirable Korea Town. It built in 1991 and has the AB 1482 Designation, allowing annual rent increases of 5%, plus the CPI, in 2024. The property consists 14 units of 2 BR/2 BA and 3 units of 1 BR/1 BA, is situated in a highly desired rental market strong investor and tenant demand. Gated entrances, 2 levels of parking and elevator to all floors. Convenient for work and entertainment; just 2 blocks from Wilshire Blvd. and 5 minutes to Wilshire / Western Metro Station. Convenient access to FWY 10, 101 and 110. Easy access and walking distance to major markets, restaurants, banks, schools, healthcare facilities, and other business. All units have central air and heat, and have separate gas and electric meters. The monthly gross income is approximately $30K; the on-site laundry room generates additional income. This property offers excellent potential for long-term income and appreciation. PLEASE TEXT AGENT: MARIAN WONG 626-497-2353 OR 626-263-0882 SEND OFFERS TO: marianwong.realty@gmail.com. >
Location
State CA
County Los Angeles
Area Los Angeles (90005)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Sidewalks
Story 3
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Conventional
Space Rent $1,300
Listing Terms Conventional
Listed by Meilin Wong • REGA Management
GET MORE INFORMATION