810 S Berendo Street, Los Angeles, CA 90005 - Berkshire Hathaway HomeServices California Properties

810 S Berendo Street, Los Angeles, CA 90005

$5,300,000 Approx. USD 0 beds, 0 baths

Listing Agent


Meilin Wong | marianwong.realty@gmail.com
Lic#: 02028764
Broker: Courtesy of REGA Management

Agent Remarks

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

Listing Details

Property type: Multi Family (Commercial)
Status: Active
MLS# AR25009993
List price is $5,300,000 Reduced by $200,000 on 2/12/2025
Price: $5,300,000
Beds: 0
Baths: 0
Built in 1991
0.17 acres
Lot size: 0.1665
County: Los Angeles
Lot description: SixteenToTwentyUnitsAcre
MLS area: KREA - Koreatown

Last Updated: 2/12/2025

 Days On Market (DOM): 47

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This listing belongs to the KREA - Koreatown MLS area

Lat/Long: 34.057317, -118.293780.
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Source: CRM. Also Available in 25492886,

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.

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