951 S BERENDO Street, Los Angeles, CA 90006

About this property

951-953 S Berendo St is a 13-unit apartment building situated on 5,909 square feet of land in the beautiful Koreatown submarket of Los Angeles, CA. It comprises of four (4) Bachelor units, eight (8) Bachelor SRO units, one (1) two-bedroom, one-bathroom units and one (1) non-conforming Bachelor SRO unit. This property provides a clear path for an investor to execute their business plan and have a great cash flowing property from day one. It is conveniently located 4 miles from the center of Downtown Los Angeles. This area is a premier location for long terms rental growth assets and is abundant with local hot spots.

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$1,750,000

Sold August 2023 · listed $1,700,000, orig. $2,000,000, on market February 2022 · MLS #22141915 · Source: CRMLS

Listing Agent: John Wright · Listing Office: Matthews Real Estate Investment Services · Contact: 866-889-0550 · Bought with: John Wright · Matthews Real Estate Investment Services

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