Los Angeles, CA 90004,532 N Berendo ST
Los Angeles, CA 90004,532 N Berendo ST
Los Angeles, CA 90004,532 N Berendo ST
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$1,749,000
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7,505 Sqft Lot
Active

532 N Berendo ST Los Angeles, CA 90004

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UPDATED:

10/28/2024 07:20 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24220787

HOA Y/N No

Year Built 1908

Lot Size 7,505 Sqft

Property Description

AGGRESSIVELY PRICED LOW TO SELL QUICK!!!

LOOK NO FURTHER, this is a FIVE UNIT complex (5X 2/1) $180,600 per year $15,050 per month income with 4 legal units and one bonus 2 bedroom unit that is unpermitted but fully remodeled and been used as an AIRBNB with an income of average $3500/ month. ALL UNIT ARE FULLY REMODELED and IN A FANTASTIC CONDITION and brings in $180,600 per year $15,050 per month. Live in the unpermitted unit and rent out the remaining 4 units and still have an annual income of $138,600 per year (if you exclude the unpermitted 2 bedroom unit which again, is fully remodeled and in a fantastic condition).

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 were both used as Airbnb and bringing in about $3500 each per month.

This wont last, so submit your offer today!

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 10.0

Garage Description 10.0

Pool None

Community Features Suburban

Total Parking Spaces 20

Private Pool No

Building

Lot Description Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5520006004

Acceptable Financing Cash, FHA, Submit

Listing Terms Cash, FHA, Submit

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Mazdak Sarehkhani • Mazdak Sarehkhani • 818-601-8215

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532 N Berendo ST