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1119 N Berendo St
Los Angeles, CA 90029 Little Armenia

$2,550,000 USD

Apartments For Sale • 6,700 SF

Property Details

Property Type Apartments
Total Building Size 6,700 SF
Lot Size 0.16 AC
Building Class B
Year Built 2021
Cap Rate 5.50 %
Zoning LARD1.5

71 Transit Score

93 Walk Score

                
                    Highlights
                
                                One 3 bedroom can delivered vacant or occupied - allowing for owner occupancy financing.
                            
                                Larger floorplans that outperform typical new construction.
                            
                                Walkable Virgil Village location steps to Michelin dining, Erewhon, and Silver Lake.
                            
                                Property management services can easily be transferd to new owner - hassle free and income generating on day 1!
                            
                                Turnkey 1031 exchange opportunity — ready to close now!
                            
                                2021-built fourplex with four years of proven rental history.

Property Flyers

1119 N Berendo Offering Memorandum

Financial Summary (Actual)

Net Operating Income: $140,143 USD (2024)

Cap Rate:	5.50 %
Total Expenses:	$36,727 USD

Amenities

Air Conditioning
Heating
Kitchen
Refrigerator
Oven
Range

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	3.9 mi
	9 min	-	4.8 mi
Transit/Subway	Drive	Walk	Distance
Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	5 min	0.2 mi
Vermont/Sunset Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	11 min	0.6 mi
Airport	Drive	Walk	Distance
Bob Hope	21 min	-	10.8 mi
Los Angeles International	31 min	-	15.8 mi
Long Beach (Daugherty Field)	39 min	-	27.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Lauren Cearley 213-302-8662 Myunits.com Inc

1119 N Berendo St Los Angeles, CA 90029 Little Armenia