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
MLS #
CRMB25165321
MLS Source
California Regional MLS
Days on Site
50
Appliances
Other, Oven - Gas, Oven Range - Gas
Flooring
Laminate
Cooling
Whole House Fan, Window/Wall Unit
Heating
Wall Furnace
Roof
Composition
Style
Bungalow, Craftsman
Garage/Parking
No Parking, Off-Street Parking, Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
5 | 5 | – |
1050 S Berendo St is a Residential Income in Los Angeles, CA 90006. This – square foot property sits on a 5,906 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,199,999 and was built in 1895.
This address can also be written as 1050 S Berendo St, Los Angeles, CA 90006.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 19, 2025. For the most current information, please contact JOSEPHINE SAN LUCAS, (562) 843-8748