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1121 N Berendo St
Los Angeles, CA 90029 Little Armenia

$2,550,000 USD

Multifamily For Sale • 6,422 SF

Property Details

Property Type Multifamily
Total Building Size 6,422 SF
Lot Size 0.14 AC
Year Built 2021
Cap Rate 5.52 %

90 Transit Score

80 Walk Score

                
                    Highlights
                
                                2021-built fourplex with four years of proven rental history.
                            
                                Delivered 100% leased with two of the 3 bedroom units JUST rented at $3,995!
                            
                                Larger floorplans that outperform typical new construction.
                            
                                Walkable Virgil Village location steps to Michelin dining, Erewhon, and Silver Lake.
                            
                                Surrounded by major employment hubs like Netflix HQ, Paramount Studios, Kaiser, Childrens Hospital, and Sunset & Gower Studios.

Property Flyers

1121 N Berendo OM

Financial Summary (Actual)

Net Operating Income: $140,802 USD (2025)

Cap Rate:	5.52 %
Total Expenses:	$37,174 USD

Amenities

Air Conditioning
Dishwasher
Disposal
Microwave
Washer/Dryer
Washer/Dryer Hookup
Eat-in Kitchen
Kitchen
Refrigerator
Sprinkler System
Range
Tub/Shower
Views
Yard
Double Pane Windows
Freezer
Handrails
Island Kitchen
Patio
Large Bedrooms
Private Bathroom

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
	10 min	-	5.1 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:	6
Type:	Surface
Included in Rent:	Yes

Elizabeth Maddox 818-859-7242 Myunits.com Inc

1121 N Berendo St Los Angeles, CA 90029 Little Armenia