743 South Berendo Street Los Angeles, CA $ 3,455,000
743 South Berendo Street
$ 3,455,000
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743 South Berendo Street

Los Angeles, CA, 90005
$ 3,455,000
Baths0.0 Sq 9,955

Monthly Estimate*

$ 22,963

743 South Berendo Street, Los Angeles, CA 90005 - Image 1
743 South Berendo Street, Los Angeles, CA 90005 - Image 2
743 South Berendo Street, Los Angeles, CA 90005 - Image 3
743 South Berendo Street, Los Angeles, CA 90005 - Image 4
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743 South Berendo Street, Los Angeles, CA 90005 - Image 7
743 South Berendo Street, Los Angeles, CA 90005 - Image 8
Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,455,000. This 9,955 square foot home was built in 1950 on a lot size of 0.28.

We are pleased to present this 16 unit offering located on Berendo just a block south of Wilshire Blvd in the heart of Koreatown. The property has an excellent unit mix consisting of (1) 2 Bed / 1 Bath,(10) 1 Bed / 1 Bath, (5) Single / 1 Baths. The subject property isa courtyard style building built in 1950 and has been very well maintained with beautiful landscaping, a secure gated entry and parking in the rear. The units are spread out across 9,955 square feet of gross leasable area and sits on a large 11,998 square foot lot that is zoned LAR4.Situated in the heart of Koreatown, 743 S Berendo St benefits from its central location and excellent connectivity. The neighborhood is bordered by major thoroughfares such as Wilshire Boulevard to the north and 8th Street to the south, providing convenient access to other parts of Los Angeles. The nearby 101 and 10 freeways offer quick connections to the rest of the city and beyond. Additionally, public transportation options are abundant, with several bus routes and the Wilshire/Western Metro station nearby, making it easy to navigate the city without a car. The neighborhood is famous for its fantastic dining scene, with numerous Korean BBQ restaurants, trendy cafes, and night life. Call listing agents for Offering Memorandum.

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Multi-Family Active

Price

$ 3,455,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Mid Century Modern

Lot Size

0.28

Year Built

1950

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024392659

Features
General
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning LAR4
Architectural Style Mid Century Modern
Security Features Smoke Detector(s) Carbon Monoxide Detector(s) Gated Community
Construction Materials Stucco
Year Built 1950
Tenant Pays Electricity Gas
View City Lights
Levels Multi/Split
Accessibility Other
County Los Angeles
Net Operating Income 216776.0
New Construction No
Property Type C
HOA / Comm Assn No
Facing Direction East
Status Active
City Los Angeles
Buyer Agent Compensation 2.50
View Y/N Yes
Senior Community Y/N No
MLS Area C17 - Mid-Wilshire
Lot Size Square Feet 12001.0
Street Name Berendo
Land Lease Y/N No
Additional Parcels Y/N No
Structure Type None
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Range Refrigerator
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Laundry Features None Washer Included Dryer Included Community
Total Baths 0
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Exterior
Parking Features Assigned Carport
Lot Size Area 12001.0
Spa No
Pool Y/N? No
Building Area Total 9955.0
Lot Dimensions 80x150
Lot Size Acres 0.28
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
William James

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

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$22,963
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Monthly Principal & Interest
$22,963
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$3,455,000 Listed Price

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743 South Berendo Street, Los Angeles, CA, 90005 is a Multi-Family Home for sale at $3,455,000 with 9,955 sqft and a lot size of 0.28. 743 South Berendo Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 90005 which is in Los Angeles, CA