532 N Berendo St, Los Angeles, CA 90004
532 N Berendo St, Los Angeles, CA 90004
532 N Berendo St, Los Angeles, CA 90004
28
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$1,395,000
Est. payment /mo
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11 Beds
5 Baths
3,428 SqFt
Price Dropped by $55K

532 N Berendo St Los Angeles, CA 90004

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,428 sqft

Price per Sqft $406

MLS Listing ID 26650213

Bedrooms 11

Year Built 1908

Lot Size 7,505 Sqft

Acres 0.1723

Property Sub-Type Multi-Family

Property Description

532 N. Berendo Street is a five-unit apartment property (four units per title) situated on a 7,505 square foot corner lot in East Hollywood. The asset offers investors the ability to obtain residential financing, as it is reflected as a four-unit building on title, and may be delivered with up to TWO UNITS VACANT creating immediate upside through lease-up, renovation, or owner-user occupancy. Zoned R3 and located in a Tier 3 TOC area, the oversized lot provides significant value-add and redevelopment potential, including an ADU addition and possible ED1 eligibility (buyer to verify). The unit mix is made up of Three 2B 1BA, One 3B, 1BA, and One non conforming 2B, 1BA.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Washer, Microwave, Range/Oven, Dishwasher, Dryer

Laundry In Unit

Exterior

Parking Features Driveway

Garage Spaces 5.0

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

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532 N Berendo St