1754 N Berendo St 4 Unit Apartment Building $3,950,000 ($987,500/Unit) 4.19% Cap Rate Los Angeles, CA 90027

Rare Investment Opportunity: New Luxury 4-Unit Townhome Building in Prime Los Feliz. Nestled in one of Los Angeles’ most desirable neighborhoods, this brand-new luxury 4-unit building presents a rare opportunity for investors and discerning homebuyers alike. Located in the heart of Los Feliz, just moments from Griffith Park, the Greek Theatre, and the iconic Observatory, this property blends modern design, exceptional convenience, and long-term value. Each of the four townhouse-style units offers over 1,300 square feet of contemporary living space, featuring 3 bedrooms and 2.5 bathrooms. The open floor plans are complemented by high-end finishes and brand-new appliances—including in-unit washers and dryers—making each unit move-in ready for tenants or owner-occupiers. One of the standout features is the rooftop deck boasting panoramic views of Downtown LA and the Hollywood Hills, offering a private and serene space to unwind above the city buzz. Surrounded by trendy restaurants, cafés, boutique shops, and grocery markets, the location ensures lifestyle and convenience are always steps away. Investor Highlights: Fully occupied with reliable, responsible tenants Each unit has separate utility meters—tenants cover all their utilities. Owner responsible only for minimal common area costs. Includes 2 secure gated parking spaces per unit. Equipped with modern security features. Strong rental income potential in a high-demand neighborhood. No Rent control. This is a turnkey, low-maintenance property ideal for investors seeking immediate cash flow or homebuyers looking for multi-generational living or rental income support. Don’t miss this unique chance to own a trophy asset in one of LA’s most vibrant communities.