We are pleased to present this 16 unit offering located on Berendo just a block south of Wilshire Blvd in the heart of Koreatown. The property has an excellent unit mix consisting of (1) 2 Bed / 1 Bath,(10) 1 Bed / 1 Bath, (5) Single / 1 Baths. The… Read More subject property isa courtyard style building built in 1950 and has been very well maintained with beautiful landscaping, a secure gated entry and parking in the rear. The units are spread out across 9,955 square feet of gross leasable area and sits on a large 11,998 square foot lot that is zoned LAR4.Situated in the heart of Koreatown, 743 S Berendo St benefits from its central location and excellent connectivity. The neighborhood is bordered by major thoroughfares such as Wilshire Boulevard to the north and 8th Street to the south, providing convenient access to other parts of Los Angeles. The nearby 101 and 10 freeways offer quick connections to the rest of the city and beyond. Additionally, public transportation options are abundant, with several bus routes and the Wilshire/Western Metro station nearby, making it easy to navigate the city without a car. The neighborhood is famous for its fantastic dining scene, with numerous Korean BBQ restaurants, trendy cafes, and night life. Call listing agents for Offering Memorandum. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., William James 310-425-9838
Listing Snapshot
Days Online
181
Last Updated
Property Type
Other
Beds
11
Square Ft.
9,955
Lot Size
0.28 Acres
Year Built
1950
MLS Number
24392659
30 Days Snapshot Of 90005
$1,392k
+29%
(avg) sold price
3
-62%
homes sold
93
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range, Refrigerator, Dryer, Washer
Building
Built in 1950, Building area total: 9,955, Levels: MultiSplit, Living area: 9955, 1 building, Architectural style: MidCenturyModern, Construction materials: Stucco
Community
Gated
Cooling
WallWindowUnits
Fireplaces
None
Heating
WallFurnace
Income
Gross income: $335,196, Net operating income: $216,776
Laundry
CommonArea
Lot
0.2755 acres, 12,001 square feet, Size: 12,001
Parking
9 open parking spaces, 9 totals parking, Assigned, Carport
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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