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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
Bedrooms-- Baths4.0 Sq 2,928

Monthly Estimate*

$ 7,486

Listed by KELLER WILLIAMS LARCHMONT
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Commercial Property for sale in Los Angeles, CA

for $1,199,999 with 4 full baths. This 2,928 square foot building 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 1128sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room 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

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Commercial Active

Price

$ 1,199,999

Full Bath

4

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1356

Year Built

1895

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

MB25170536

Days on Market

155

Features
General
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Sewer Connected Water Available
Roof Composition
Security Features Carbon Monoxide Detector(s) Gated Community
Construction Materials Wood Siding
Year Built 1895
Property Subtype Multi Family
Community Features Gated
County Los Angeles
Net Operating Income 65974
Operating Expense 23573
Insurance Expense 5000
Property Type Commercial Sale
MaintenanceExpense 2040
Special Listing Conditions Standard
Status Active
Directions w. of Olympic blvd. and s. berendo
City Los Angeles
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
Land Lease Y/N 0
Electric Expense 0
Trash Expense 0
Water Sewer Expense 4000
Additional Parcels Y/N 0
Lease Considered Y/N 0
Virtual Tour https://www.wellcomemat.com/mls/596u72bdbad11m9gm https://www.wellcomemat.com/video/596u72bdbad11m9gm/S-Berendo/
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Property Sub Type Additional Multi Family
Cap Rate 5.5
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Interior
Total Stories 1
Air Conditioning Y/N 1
Heating Y/N 1
Laundry Features Inside Laundry Room
Entry Level 1
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Exterior
Fencing Average Condition
Lot Features Near Public Transit
Water Source Public
Total Parking 0
Lot Size Area 5906
Building Area Total 2928
Lot Size Acres 0.1356
Lot Size Source Other
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* Excluded Features
List By
Keller Williams Larchmont

Broker

JOSIESANLUCAS@HOTMAIL.COM

Email

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$7,486
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Monthly Principal & Interest
$7,486
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,199,999 Listed Price

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1050 S Berendo Street, Los Angeles, CA, 90006 is a Commercial Property for sale at $1,199,999 with 2,928 sqft and a lot size of 0.1356. 1050 S Berendo Street has 4.0 baths and was built in 1895. The property's zip code is 90006 which is in Los Angeles, CA