Active
810 S Berendo St
Los Angeles CA, 90005
$5,300,000
$415.78 per sqft
Active
30 Beds
30 Baths
12,747 sqft
Multi-family
Built in 1991
First time on the market in almost 50 years! $389,964 gross annual income. 5.7 CAP rate. A NON rent-controlled, (1991 built) 17-Unit apartment with huge upside potential with underground gated parking, a common area laundry, and an incredible UNIT-MIX.(13 Units =2+2) (4 Units =1+1) Situated in an amazing location in the middle of Koreatown with a 2 mile close-proximity to Downtown-LA and USC, a 7 mile distance to Rodeo Dr-Beverly Hills and a quick 3 minute-walk to Wilshire/Vermont Subway Station. ALL units are SEPARATELY metered for water & electricity. TENANTS pay for their own water & electricity. Current tenants are paying 40% below market rate, R4 zoned 7,300 SF lot. Next door shopping center (3062 W. 8th St, C4 zoned, @12,500 SF) is ALSO available for the right buyer at the right price, rendering a possible NEW CONSTRUCTION for a grand-scale multi unit apartment and/or a condo project on a combined 25,000 SF lot. (Don't ask me where the shopping center is. Google it up). DRIVE-BY ONLY!
25492886
MLSⓇ ID
February 4, 2025
Listed
March 9, 2025
Updated
Interior Features
Total Stories
4
Bedrooms
30
Total Bathrooms
30
Appliances
Built-Ins, Garbage Disposal, Intercom, Washer, Dryer
Laundry Description
Community, Laundry Area
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.17 Acres
Security
Gated, Smoke Detector, Exterior Security Lights
Other Property Details
Area Name
Mid-Wilshire
Days on Market
3
Garage
Yes
Garage Spaces
26
Parking
Controlled Entrance, Covered Parking, Assigned
Parking Total
26
View
No
County
Los Angeles
Water Source
Water District
Pool Features
None
Zoning
LAR4
Listed by Peter Yoo with Masters Realty & Investment
Listing Contact: 213-272-8678
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ramey Ward | CA DRE# 01456908 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 3/9/2025
