1050 S Berendo Street, Los Angeles, CA 90006

• 2,928 sqft

Property Description

Located in the heart of Korea Town this Charming 5 -unit Commercial complex features a great mix of residential properties amongst three separate structures on a High Density R-4-1 Zone with Upside potential . Four Bungalow style homes approximately 450 sq ft each and a Large 2 bedroom 1 bath Craftsman house at rear boasting approximately 1128sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room and work shed , plenty of common area for tenants and low maintenance on landscaping . These units are Fully occupied providing immediate rental income for the savvy investor . Property boast a competitive cap rate of 5.5% reflecting a strong income potential and investment viability in a rapidly growing neighborhood. Half a block south of Olympic blvd. within walking distance of Hannam chain market , Berendo Highschool and public transportation just to name a few

Listing Status:

Active

Date Added:

July 31, 2025 at 05:00AM

Listing Office:

KELLER WILLIAMS LARCHMONT : 323-762-2600

Listing Agent:

JOSEPHINE SAN LUCAS : 562-843-8748

MLS ID:

MB25170536

Interior

• Laundry: InsideLaundry Room
• A/C: Wall/Window Unit(s)
• Heating: Wall Furnace

Exterior

• Parking: Parking spaces: 0

Construction

• Roofing: Composition
• General: Wood Siding1

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: 5078011013
• Fencing: Average Condition

Utilities

• Utilities: Sewer ConnectedWater Available
• Water: Public

Financial

• Source: CRMLS

This listing courtesy of JOSEPHINE SAN LUCAS, KELLER WILLIAMS LARCHMONT