Los Angeles, CA 90004,532 N Berendo ST
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Los Angeles, CA 90004,532 N Berendo ST
Los Angeles, CA 90004,532 N Berendo ST
Los Angeles, CA 90004,532 N Berendo ST
Los Angeles, CA 90004,532 N Berendo ST
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$ 1,699,000
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Price Dropped by $49K

532 N Berendo ST Los Angeles, CA 90004

7,505 Sqft Lot


UPDATED:

12/10/2024 04:04 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24220787

HOA Y/N No

Year Built 1908

Lot Size 7,505 Sqft

Property Description

LOOK NO FURTHER, TWO UNITS ARE DELIVERED VACANT!!!

This is a 4 legal units with ONE ADDITIONAL BONUS 2 bedroom unit that is unpermitted but fully remodeled and it has been used as an AIRBNB with an income of average $3500/ month. MAKING THIS REALLY A 5 UNIT PROPERTY!!!

ALL UNIT ARE FULLY REMODELED and IN A FANTASTIC CONDITION, 10+ parking spots, and property brings in $175,2240 per year $14,602 per month. LIVE in the unpermitted unit and rent the remaining 4 units and still have an annual income of $133,224 per year.

The units are 5 X 2/1. With income of $3500 (Section 8 tenant), $3052 (Section 8 tenant), $1050 (regular lease tenant), and TWO vacant units which are used as Airbnb currently and bringing in about $3500 + $3500 each per month.

This is the best deal in town and any reasonable offer will be considered, so submit your offer today!

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 10.0

Garage Description 10.0

Pool None

Community Features Suburban

Total Parking Spaces 20

Private Pool No

Building

Lot Description Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5520006004

Acceptable Financing Cash, FHA, Submit

Listing Terms Cash, FHA, Submit

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Mazdak Sarehkhani • Mazdak Sarehkhani • 818-601-8215

Lisa Forss

Owner and Compliance/Office Manager, Realtor® | License ID: 01362594

+1(951) 302-1492

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532 N Berendo ST