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1234 N Berendo St
Los Angeles, CA 90029
5.00% In-Place Cap Rate, 7.60% Pro Forma · Multifamily Property For Sale
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14 Units
Investment Highlights
- 33% Upside in Rents
- Walkable to Sunset Blvd
- 5.00% In-Place Cap Rate
Property Facts
| No. Units | 14 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 6,240 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1924 |
| Zoning | R3-1XL - Residential | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 6,240 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1924 |
| Zoning | R3-1XL - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
- Tub/Shower
- Views
Site Amenities
- Controlled Access
- Laundry Facilities
- Gated
- Laundry Service
- Online Services
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | $1,900 | 495 |
| 1+1 | 4 | $2,250 | 775 |
Property Taxes
| Parcel Number | 5540-015-005 | Improvements Assessment | $688,500 |
| Land Assessment | $1,938,000 | Total Assessment | $2,626,500 |
Property Taxes
Parcel Number
5540-015-005
Land Assessment
$1,938,000
Improvements Assessment
$688,500
Total Assessment
$2,626,500
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