For Sale
1184 N Berendo, Los Angeles, CA 90029
  • $2,400,000
  • $305


Property ID: HZ9096654
  • Residential Income
  • Property Type
  • 0.00
  • Garage
  • 1958
  • Year Built


Proudly presents 1184 N Berendo St, a PRIME Value-Add Investment opportunity just two blocks from Sunset Blvd. Offering a HIGH Proforma CAP rate of 8.5%+, investors have an excellent opportunity to acquire an undervalued 10-Unit Apartment Building with one vacancy! Being at the Heart of East Hollywood, it is centrally located in the highly desirable opportunity zone and just minutes away from Larchmont Village, Hollywood, Koreatown, Silverlake & Downtown Los Angeles.

Built-in 1958, the building of 10 exceptional units totaling 7,864 SF of living area on a sizeable 7,815 SF lot. All while offering a unique & strong unit mix of (8) 1B+1B, (1) 2B+1B, and (1) 2B+2B to ensure strong rents & consistent cash flow for the owner. The Property also offers nine parking spaces in a highly condensed area with little to no parking nearby, making it stand out and highly desirable for prospective tenants. The buildings also offer laundry hook-ups to create a community laundry room & increase the cash flow of the property for the next owner. Being individually metered for Gas & Electrical, the owner only covers items such as Water, Trash & Maintenance.

Close to Sunset Blvd & Vermont Ave, located within 5-8 Minutes away from Koreatown, Central Los Angeles, The Larchmont Village, Melrose Hill, Hollywood, Historic Filipino Town, Angelino Heights, Echo Park, and Silver Lake. 1184 N Berendo St is in perfect adjacency to many of Los Angeles’s trendiest boutique restaurants, coffee shops, and upscale balls. While Its location provides easy access to many of the city’s largest & strongest employers and major retailers. Some employers include Netflix, Paramount Studios, Sunset Gower, LACMA, Los Angeles City College, American Career College, Koreatown Plaza, Kaiser Sunset, and The Los Angeles Children’s Hospital. Some major retailers include Ralphs, Vons, Starbucks, Mcdonald’s, California Donuts, Rite Aid, and many more.

All these great amenities while providing excellent access to the 101 and 110 Freeway, 15 minutes away from L.A Live Crypto Arena (Home of the Lakers and LA Kings), and Walt Disney Concert Hall (Home of the LA Phil). It is ideally located at the heart of East Hollywood. Its locations & amenities locate in one of the strongest submarkets of Los Angeles, California.

  • Address 1184 N Berendo
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90029
  • Area C17 - Mid-Wilshire
  • Country United States


Updated on August 17, 2023 at 5:41 pm
  • Property ID: HZ9096654
  • Price: $2,400,000
  • Land Area: 7815.00 Sqft
  • Garage: 0.00
  • Year Built: 1958
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 7864.00
  • Living Area Prefix: Sqft
  • MLS#: AR23129736
  • Office Name: GIG REAL ESTATE INC.
  • Agent Name: Abel Benitez
  • MLS Status: Active
  • Co-Office Name: Growth Investment Group Pasade
  • Co-Agent Name: Han Chen
  • Agent State License: 02173463
  • Co-Agent State License: 01749321

Additional details

  • Sewer: Public Sewer
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 9.00
  • Water Source: Public

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