1810 South Berendo Street

Los Angeles, CA 90006

$1,750,000
Last Sold Price
11
Beds
8
Baths
6,203 Sq. Ft.
$282 / Sq. Ft.
6,203
Sq. Ft.
$282
per Sq. Ft.

Description

We are pleased to offer for sale a seven-unit apartment community located at 1806-1810 South Berendo Street. These are two separate Multi-Family properties on contiguous lots. The subject property is located just north of Washington Boulevard and west of Vermont Avenue near Harvard Heights. Situated on a 9,316 square foot parcel, the property comprises of large units with excellent layouts. There is 29% rental upside through interior renovations. The property offers investors a unique opportunity...We are pleased to offer for sale a seven-unit apartment community located at 1806-1810 South Berendo Street. These are two separate Multi-Family properties on contiguous lots. The subject property is located just north of Washington Boulevard and west of Vermont Avenue near Harvard Heights. Situated on a 9,316 square foot parcel, the property comprises of large units with excellent layouts. There is 29% rental upside through interior renovations. The property offers investors a unique opportunity to acquire an asset well suited to provide investors with healthy returns and long term appreciation potential. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate and achieve superior future returns moving forward makes 1806-1810 South Berendo Street an excellent acquisition opportunity. 1806 & 1810 south berendo street are being sold alongside eachother.
  1. Listed by Sean Rosenzweig • DRE #01406343 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1810 South Berendo Street

Zoning
LARD1.5
Parcel Number
5075019024
Total Units
7.0
Living Area
6203
Source Living Area
Assessor
Area
Mid Los Angeles (C16)
Vacancy Rate
0
Lot Size Area
9316

Location

Listing Courtesy of Marcus & Millichap, Sean Rosenzweig, DRE #01406343

Sold By Champion Realty, Natalya Shcherbatyuk, DRE #01944936

Add your commute
LISTING UPDATED: 03/18/2024 09:40 AM

Property Details for 1810 South Berendo Street

StatusSold
MLS #23-329421
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.21 AC / 9,316 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Sean Rosenzweig, DRE #01406343

Sold By Champion Realty, Natalya Shcherbatyuk, DRE #01944936

Add your commute

Building Information for 1810 South Berendo Street

Stories2Residences-Year Built1922Building Size-Lot Size0.21 AC / 9,316 SF

Payment Calculator

$10,729 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$1,179

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1810 South Berendo Street

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: Residential
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $175,636
  • Net Operating Income: $120,862.00
  • Gross Income: $181,068
  • Cap Rate: 6.72%
  • Gross Rent Multiplier: $9.94
  • Total Annual Expense: 54775
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.107
  • Lot Size Square Feet: 9316
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 11-06-2023
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,758.00
  • Unit Actual Rent: $2,758.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,666.00
  • Unit Actual Rent: $2,666.00
  • Unit Projected Rent: $2,666.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,666.00
  • Unit Actual Rent: $2,666.00
  • Unit Projected Rent: $2,666.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $2,666.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $2,666.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $2,666.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $420,470.00
  • Assessed Improvement Percent: 37.21
  • Assessed Land Value: $709,544.00
  • Assessed Land Percent: 62.79
  • Assessed Total Value: $1,130,014.00

Property History for 1810 South Berendo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1810 South Berendo Street

Taxable ValueLand$709,544Additions$420,470Total$1,130,014
Tax Record2023$14,143 ($1,179 / month)
Home Facts
Total Finished SqFt4,340 SqFtAbove Grade Finished SqFt4,340 SqFtLot Size4,662 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningLARD1.5CountyLOS ANGELESAPN5075-019-024

Schools near 1810 South Berendo Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Camino Nuevo Elementary No. 3
CharterK to 8

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Marcus & Millichap, Sean Rosenzweig, DRE #01406343

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.