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1050 S Berendo Street Los Angeles CA 90006 MLS #MB25170536

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

Property Details

Price:
$1,199,999
MLS #:
MB25170536
Status:
Active
Baths:
0
Address:
1050 S Berendo Street
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Jul 26, 2025
State:
CA
ZIP:
90006
Year Built:
1895

Schools

Interior

Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Laundry Features
Individual Room, Inside

Exterior

Construction Materials
Wood Siding
Parking Spots
0.00
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Gated Community

Financial

Map

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