810 S Berendo Street, Property Listing: MLS® #AR25026400

"DO NOT walk on the property or disrupt tenants. Contact Listing Agent for property showing instructions." Well-maintained three-story, 17 units apartment complex located in prime and highly desirable Korea Town. It built in 1991 and has the AB 1482 Designation, allowing annual rent increases of 5%, plus the CPI, in 2024. The property consists 14 units of 2 BR/2 BA and 3 units of 1 BR/1 BA, is situated in a highly desired rental market strong investor and tenant demand. Gated entrances, 2 levels of parking and elevator to all floors. Convenient for work and entertainment; just 2 blocks from Wilshire Blvd. and 5 minutes to Wilshire / Western Metro Station. Convenient access to FWY 10, 101 and 110. Easy access and walking distance to major markets, restaurants, banks, schools, healthcare facilities, and other business. All units have central air and heat, and have separate gas and electric meters. The monthly gross income is approximately $30K; the on-site laundry room generates additional income. This property offers excellent potential for long-term income and appreciation. PLEASE TEXT AGENT: MARIAN WONG 626-497-2353 OR 626-263-0882 SEND OFFERS TO: marianwong.realty@gmail.com. <>

810 S Berendo Street, Property Listing: MLS® #AR25026400 Close
Page Summary
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  • MLS® #: AR25026400
  • 810 S Berendo Street
  • , CA 90005
  • $5,300,000
  • 0.17 Acres
  • Office: Rega Management

"DO NOT walk on the property or disrupt tenants. Contact Listing Agent for property showing instructions." Well-maintained three-story, 17 units apartment complex located in prime and highly desirable Korea Town. It built in 1991 and has the AB 1482 Designation, allowing annual rent increases of 5%, plus the CPI, in 2024. The property consists 14 units of 2 BR/2 BA and 3 units of 1 BR/1 BA, is situated in a highly desired rental market strong investor and tenant demand. Gated entrances, 2 levels of parking and elevator to all floors. Convenient for work and entertainment; just 2 blocks from Wilshire Blvd. and 5 minutes to Wilshire / Western Metro Station. Convenient access to FWY 10, 101 and 110. Easy access and walking distance to major markets, restaurants, banks, schools, healthcare facilities, and other business. All units have central air and heat, and have separate gas and electric meters. The monthly gross income is approximately $30K; the on-site laundry room generates additional income. This property offers excellent potential for long-term income and appreciation. PLEASE TEXT AGENT: MARIAN WONG 626-497-2353 OR 626-263-0882 SEND OFFERS TO: marianwong.realty@gmail.com. <<The adjacent shopping center is also being considered for sale>>

Supplemental Remarks

Essential Information

  • MLS® #AR25026400
  • Listing Price$5,300,000
  • Original Listing Price$5,300,000
  • Date ListedMarch 20th, 2025
  • Days on Market6
  • Bathrooms0.00
  • Acres0.17
  • Lot Sq.Ft.7,252
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address810 S Berendo Street
  • AreaLOS ANGELES (90005)
  • CountyLos Angeles
  • StateCA
  • Zip Code90005

Amenities

  • PoolN/K

Interior

  • CoolingCentral Forced Air

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on April 1st, 2025 at 1:11pm PDT.