724 S Berendo Street

    Los Angeles (City), CA 90005
    • $5,500,000
    • STATUS: Active Under Contract
    • ON SITE: 57 days
    • ID#: 18398016
    Under Contract
    UPDATED: 62 min ago
    $5,500,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,250
      SQFT
    • $386
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1992
    County:

    School Ratings & Info

    Description

    Attention investors. Newer apartment complex in the highly desirable Koreatown area with good upside potential. The subject property improvements consist of a three-story (over parking) elevator-style apartment complex which contains 18-units and was constructed in 1992. The subject's unit mix is comprised of 3 studio, 6 one bedroom and 9 two bedroom units. Project amenities consist of a laundry room, controlled access and 19 onsite parking spaces.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T14:29:48.957. 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. Licensed in the State of California, USA.
    www.teamforss.com/homes/88673698

    724 S Berendo Street Los Angeles (City), CA 90005

    • Price: $5,500,000
    • Status: Active Under Contract
    • Updated: 62 min ago
    • ID#: 18398016
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    14,250
    SQFT
    $386
    $/SQFT
    1992
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Attention investors. Newer apartment complex in the highly desirable Koreatown area with good upside potential. The subject property improvements consist of a three-story (over parking) elevator-style apartment complex which contains 18-units and was constructed in 1992. The subject's unit mix is comprised of 3 studio, 6 one bedroom and 9 two bedroom units. Project amenities consist of a laundry room, controlled access and 19 onsite parking spaces.
    Exterior Features

    Lot Size Units Square Feet Parking Features Community Garage Parking YN Yes

    Interior Features

    Cooling Central Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 17.66 Gross Operating Income 311451.00 Improvements Amount 636623 Land Value 2970912 Laundry YN Yes Net Operating Income 166048.00 Special Listing Conditions Standard Total Expenses 145403.00 Zoning Lar4

    Listing provided courtesy of Gavin Fleminger of Nourmand & Associates-Bw and Larry Gillis of Nourmand & Associates-Bw.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T14:29:48.957. 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. Licensed in the State of California, USA.
     
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