532 N Berendo Street
Los Angeles, CA, 90004
$1,689,000
Beds
0 Baths
SqFt
0.17 Acres
Add
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!

Property Details

Price:
$1,689,000
MLS #:
SR24220787
Status:
Active
Baths:
0
Address:
532 N Berendo Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Oct 24, 2024
State:
CA
ZIP:
90004
Lot Size:
7,505 sqft / 0.17 acres (approx)
Year Built:
1908
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Suburban
Garage Spaces
10.00
Green Energy Efficient
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Parking Spots
20.00
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2
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532 N Berendo Street
Los Angeles, CA