1050 S Berendo Street Los Angeles, CA ^$ 1,199,999

1050 S Berendo Street

^$ 1,199,999

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1050 S Berendo Street

Los Angeles, CA, 90006

^$ 1,199,999

Studio Baths1.0 Sq 2,928

Monthly Estimate*

^$ 7,486

Listed by KELLER WILLIAMS LARCHMONT

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,199,999 with 1 full bath. This 2,928 square foot home was built in 1895 on a lot size of 0.1356.

Located in the heart of Korea Town this Charming 5 -unit Commercial complex features a great mix of residential properties amongst three separate structures on a High Density R-4-1 Zone with Upside potential . Four Bungalow style homes approximately 450 sq ft each and a Large 2 bedroom 1 bath Craftsman house at rear boasting approximately 1,128 sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room /Office and work shed , plenty of common area for tenants and low maintenance on landscaping . These units are Fully occupied providing immediate rental income for the savvy investor . Property boast a competitive cap rate of 5.5% reflecting a strong income potential and investment viability in a rapidly growing neighborhood. Half a block south of Olympic blvd. within walking distance of Hannam chain market , Berendo Highschool and public transportation just to name a few

Multi-Family Active

Price

^$ 1,199,999

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1356

Year Built

1895

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

MB25165321

Days on Market

159

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling Whole House Fan Wall/Window Unit(s)

Utilities Sewer Available Sewer Connected Water Available

Roof Composition

Appliances Gas Oven Gas Range

Zoning LAR-4-1

HOA Fee 0

Garage Spaces 0

Architectural Style Bungalow Craftsman

Pool Features None

Construction Materials Wood Siding

Year Built 1895

Electric Standard

Tenant Pays Electricity Gas Trash Collection

View None

Stories Count 1

Levels One

Property Subtype Mixed Use

Gross Income 94260

Community Features Street Lights Urban

County Los Angeles

Net Operating Income 65974

Operating Expense 23573

Insurance Expense 5000

New Construction 0

Property Type Residential Income

HOA 0

MaintenanceExpense 2040

Garage Y/N 0

Other Structures Workshop

Special Listing Conditions Standard

Status Active

Directions W. of Olympic blvd and s. Berendo

City Los Angeles

Disclosures Principal is Real Estate Licensed

Entry Location 1

Senior Community Y/N 0

Open Parking Spaces 0

Number Of Units Total 5

MLS Area KREA - Koreatown

Lot Size Units Square Feet

Lot Size Square Feet 5906

Carport Spaces 0

Number of Units Leased 5

Listing Terms Submit

Spa Features None

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 0

Current Financing None

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 4000

Rent Control Y/N 1

Virtual Tour https://www.wellcomemat.com/mls/596uc92ae9d81m9go https://www.wellcomemat.com/video/596uc92ae9d81m9go/LA/CA/90006/S-Berendo/MB25165321/

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 15

Total Actual Rent 7855

Property Sub Type Additional Mixed Use

Taxes 15000

Cap Rate 5.5

Interior

Interior Amenities Ceramic Counters Workshop

Flooring Laminate

Fireplace Features None

Total Stories 1

Common Walls 1 Common Wall

Basement (Y/N) 1

Air Conditioning Y/N 1

Heating Y/N 1

Fireplace Y/N 0

Laundry Features Inside

Entry Level 1

Exterior

Fencing Average Condition

Parking Features None On Street

Lot Features Near Public Transit

Water Source Public

Total Parking 0

Lot Size Area 5906

Number of Buildings 5

Spa 0

Building Area Total 2928

Lot Size Acres 0.1356

Private Pool 0

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

* Excluded Features

List By

Keller Williams Larchmont

Broker

JOSIESANLUCAS@HOTMAIL.COM

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$7,486

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Monthly Principal & Interest: $7,486
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,941,045

Percent of Sale Price 62%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,199,999		Listed Price

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1050 S Berendo Street, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,199,999 with 2,928 sqft and a lot size of 0.1356. 1050 S Berendo Street is a studio with 1.0 baths and was built in 1895. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/28/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1050 S Berendo Street

Multi-Family Home for sale in Los Angeles, CA

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