714-745-2708

743 S Berendo Street, Los Angeles, CA 90005

$2,900,000 Approx. USD 11 beds, 16 baths
9,955 sqft

Save My Notes

MORE INFO

Brochure

Marketed By The Keaty Team

View Team Members

Photo of Kevin Keaty

Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

Mortgage Calculator

GET PRE-APPROVED

Interested in This Property? Request Virtual Showing Your message will be sent to Kevin.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Listing Agent

William James | will@lyonstahl.com
Lic#: 01734419
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 310-600-9858

Co Listing Agent

Peter James | peter@lyonstahl.com
Lic#: 01748556
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 310-467-7581

Agent Remarks

743 S. Berendo Street represents an opportunity to acquire a stabilized, well-performing multifamily asset in Prime Koreatown, ideally located one block south of Wilshire Boulevard and just two blocks from the Wilshire/Vermont Metro Station. The property benefits from a 94 Walk Score ("Walker's Paradise"), offering residents exceptional walkability to neighborhood retail, dining, and transit key drivers of sustained rental demand in this submarket. Offered at an asking price of $2,900,000, the property is currently priced at a 7.63% cap rate and 98.37 GRM, providing solid going-in returns in one of Los Angeles' most supply-constrained rental markets. The asset supports favorable financing assumptions, including approximately 70% loan-to-value at an estimated 6.0% interest rate and a healthy 1.52 debt coverage ratio, resulting in approximately 6.30% cash-on-cash return on current operations. With continued rent growth to market levels, the property projects to a 8.07% pro forma cap rate and 7.70 GRM, offering meaningful upside while maintaining operational stability

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26937237

Price: $2,900,000

Beds: 11

Baths: 16

None fireplaces

Built in 1950

9,955 sqft

0.28 acres

Lot size: 0.2755

County: Los Angeles

Property style: Mid-Century Modern

Zoning: LAR4

Construction: Stucco

Appliances: Refrigerator,Dryer,Washer

Parking description: Assigned,Uncovered

Lot description: Rectangular Lot

Heating/cooling: Wall/Window Unit(s)

Heating description: Wall Furnace

MLS area: C17 - Mid-Wilshire

Last Updated: 9/14/2026

Days On Market (DOM): 25

Find more Los Angeles homes and real estate

Find more homes in 90005 zip code

This listing belongs to the C17 - Mid-Wilshire MLS area

The style of this listing is Mid-Century Modern.
Find more Mid-Century Modern style homes for sale

Lat/Long: 34.058576, -118.294501.
Find nearby listings

Mortgage Calculator

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90005 Area Map

Demographics

Schools