Located in the heart of Korea Town this Charming 5 -unit Commercial complex features a great mix of residential properties amongst three separate structures on a High Density R-4-1 Zone with Upside potential . Four Bungalow style homes approximately 450 sq ft each and a Large 2 bedroom 1 bath Craftsman house at rear boasting approximately 1,128 sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room /Office and work shed , plenty of common area for tenants and low maintenance on landscaping . These units are Fully occupied providing immediate rental income for the savvy investor . Property boast a competitive cap rate of 5.5% reflecting a strong income potential and investment viability in a rapidly growing neighborhood. Half a block south of Olympic blvd. within walking distance of Hannam chain market , Berendo Highschool and public transportation just to name a few
Property Details
Price:
$1,199,999
MLS #:
MB25165321
Status:
Active
Baths:
0
Address:
1050 S Berendo Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Jul 22, 2025
State:
CA
ZIP:
90006
Lot Size:
5,906 sqft / 0.14 acres (approx)
Year Built:
1895
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Oven, Gas Range
Cooling
Wall/ Window Unit(s), Whole House Fan
Flooring
Laminate
Heating
Wall Furnace
Laundry Features
Inside
Exterior
Architectural Style
Bungalow, Craftsman
Community Features
Street Lights, Urban
Construction Materials
Wood Siding
Other Structures
Workshop
Parking Features
None, Street
Parking Spots
0.00
Roof
Composition
Financial
Map
Community
- Address1050 S Berendo Street Los Angeles CA
- AreaKREA – Koreatown
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
Similar Listings Nearby
- 964 S New Hampshire Avenue
Los Angeles, CA$1,556,000
0.19 miles away
- 2018 W 39th Street
Los Angeles, CA$1,550,000
2.90 miles away
- 901 Rosemont Avenue
Los Angeles, CA$1,550,000
2.29 miles away
- 1800 Carmona Avenue
Los Angeles, CA$1,550,000
3.89 miles away
- 6027 Barton Avenue
Los Angeles, CA$1,550,000
3.15 miles away
- 1308 S Van Ness Avenue
Los Angeles, CA$1,550,000
1.29 miles away
- 3008 Stocker Street
Los Angeles, CA$1,549,000
3.58 miles away
- 702 W 30th Street
Los Angeles, CA$1,549,000
1.92 miles away
- 4114 S Victoria Avenue
View Park, CA$1,549,000
3.87 miles away
- 1707 S Bonnie Brae Street
Los Angeles, CA$1,529,000
0.88 miles away

1050 S Berendo Street
Los Angeles, CA
LIGHTBOX-IMAGES