Los Angeles, CA 90004 532 N Berendo Street

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Presented By: Mazdak Sarehkhani with Mazdak Sarehkhani; 818-601-8215
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SR24220787
  • 10/24/2024
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 10
  • Baths • 4
  • SQFT • 3,428
  • Garage • 10

Home Details

INVESTORS DREAM with a MOTIVATED SELLER WITH and an ANNUAL INCOME OF $175,224/ year and TWO UNITS ARE BEING DELIVERED VACANT!!! This is a 4 legal units with ONE ADDITIONAL BONUS 2 bedroom unit that is unpermitted but fully remodeled and it has been used and rented always with long term tenants thanks to the nearby school and hospital with many travel nurses as an AIRBNB with an income of average $3500/ month. MAKING THIS REALLY A 5 UNIT PROPERTY!!! ALL UNIT ARE FULLY REMODELED and IN A FANTASTIC CONDITION, 10+ parking spots, and property brings in $175,224 per year $14,602 per month. LIVE in the unpermitted unit and rent the remaining 4 units. The units are 5 X 2/1. With income of $3500 (Section 8 tenant), $3052 (Section 8 tenant), $1050 (regular lease tenant), and TWO vacant units which are used as Airbnb currently and bringing in consistently $3500+ + $3500+ each per month with longterm tenancy thanks to the nearby college and the hospital with traveling nurses as common tenants. This is the best deal in town with motivated seller and any reasonable offer will be considered. SO SUBMIT YOUR OFFER TODAY!
Presented By: Mazdak Sarehkhani with Mazdak Sarehkhani; 818-601-8215

Interior Features for 532 N Berendo Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 532 N Berendo Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSuburban
ContingencyWe can show two of the units. Other ones are subject to interior inspections upon accepted offer.
CountyLos Angeles
DirectionsOff 101 freeway and Roosewood ave cross street
Electric Expense0.0
Electric On Property Y/NNo
Energy EfficientAppliances
Entry Location1
Fuel Expense0.0
Garage Spaces10.0
Garage Y/NYes
Gross Income167724.0
HOANo
Home Warranty Y/NNo
Insurance Expense1700.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, FHA, Submit
Lot Size Square Feet7505.0
Lot Size UnitsSquareFeet
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income16772424.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
Open Parking Spaces10.0
Operating Expense7100.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot22
Trash Expense0.0
Water Sewer Expense5400.0
Waterfront Y/NNo
Year Built1908
Year Built SourceAssessor
ZoningLAR3

Exterior for 532 N Berendo Street

Building Area Total3428.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesYard
Lot Size Acres0.1723
Lot Size Area7505.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking20.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,689,000
MLS#SR24220787
List Date 10/24/2024
Property Type Multi-Family
Phone 714.742.6515
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Request Info
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