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    545 N Berendo Street

    Los Angeles (City), CA 90004
    • $825,000
    • STATUS: Active Under Contract
    • ON SITE: 60 days
    • ID#: DW20246655
    Under Contract
    UPDATED: 13 min ago
    $825,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,033
      SQFT
    • $406
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2000
    County:

    School Ratings & Info

    Description

    This property is sitting on a lot of over 9,300 sq. ft. with currently 2 units and zoned R3, which allows for additional units to be built. Hardwood floors throughout both units with a 2 car garage. This property is right next to the 101 Freeway, 3 minutes away from Los Angeles City College and 3 minutes away from the Vermont/Beverly Metro Station. Great opportunity to invest in a highly sought after location, with a potential cap rate of 6-7%.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T23:28:13.163. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

    www.bestlahomefinder.com/homes/112215791
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    545 N Berendo Street Los Angeles (City), CA 90004

    • Price: $825,000
    • Status: Active Under Contract
    • Updated: 13 min ago
    • ID#: DW20246655
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    2,033
    SQFT
    $406
    $/SQFT
    2000
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    This property is sitting on a lot of over 9,300 sq. ft. with currently 2 units and zoned R3, which allows for additional units to be built. Hardwood floors throughout both units with a 2 car garage. This property is right next to the 101 Freeway, 3 minutes away from Los Angeles City College and 3 minutes away from the Vermont/Beverly Metro Station. Great opportunity to invest in a highly sought after location, with a potential cap rate of 6-7%.
    Exterior Features

    Garage Spaces 2.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Elevation Units Feet Gross Income 33600.00 Gross Scheduled Income 33600.00 Insurance Expense 1000.00 Land Lease YN No Laundry YN No Net Operating Income 27952.00 New Construction YN No New Taxes Expense 4648.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 5648.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Notice Of Default Total Actual Rent 2800.00 Total Expenses 5648.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Lar3

    Listing provided courtesy of Louis Chavez of Century 21 Allstars


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T23:28:13.163. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

     
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