743 S Berendo Street
Los Angeles, CA 90005
12
Bed
0
Bath
9,955Sqft
12,001Sqft(Lot)
743 S. Berendo Street represents an opportunity to acquire a stabilized, well-performing multifamily asset in Prime Koreatown, ideally located one block south of Wilshire Boulevard and just two blocks from the Wilshire/Vermont Metro Station. The property benefits from a 94 Walk Score ("Walker's Paradise"), offering residents exceptional walkability to neighborhood retail, dining, and transit key drivers of sustained rental demand in this submarket. Offered at an asking price of $3,200,000, the property is currently priced at a 6.92% cap rate and 9.29 GRM, providing solid going-in returns in one of Los Angeles' most supply-constrained rental markets. The asset supports favorable financing assumptions, including approximately 70% loan-to-value at an estimated 5.65% interest rate and a healt
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 12Bathroom Information
Total Baths: 16 Full Baths: 0 Half Baths: 0Water/Sewer
Sewer: Other -
Interior Features
Roof: Composition,Shingle Property Appliances: Refrigerator,Dryer,Washer Fireplace: None -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Wall Furnace Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1950 Building Area Total: 9,955 Construction: Stucco Roof: Composition,Shingle -
Security Features
Carbon Monoxide Detector(s),Gated Community,Key Card Entry,Resident Manager,Smoke Detector(s) -
Pool Features
NoneLaundry Features
Common Area,Laundry Room
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2755 Lot Size Dimensions: 80x150 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 12001
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Listing Price Information
Original List Price: 3,200,000 Listing Contract Date: 2026-01-05 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5094009017
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Garage and Parking
Garage Description: Assigned,Carport,UncoveredHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Directions: Heading North on Vermont, turn West on 8th. Take Berendo North. The property is on the West side of the street. Zoning: LAR4 Source Property Type: Residential Income Area: C17 - Mid-Wilshire -
Building and Construction
Property Age: 76 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 9955 Entry Level: 1 Entry Location: Ground Level w/steps Property Attached: Yes Levels or Stories: Multi/Split
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 830 S Hoover Street, Los Angeles, CA, 90005 | $2,495,000 | 6 | -- | 8,080 | 8,080 SqFt |
| 2939 Leeward #212, Los Angeles, CA, 90005 | $1,199,999 | 3 | 3 | 1,690 | 1,690 SqFt |
| 681 Shatto Place, Los Angeles, CA, 90005 | $5,299,000 | -- | -- | 24,642 | 24,642 SqFt |
| 2961 W 8th Street, Los Angeles, CA, 90005 | $1,250,000 | 6 | 2 | 3,001 | 3,001 SqFt |
| 674 S Catalina Street, Los Angeles, CA, 90005 | $2,900,000 | 12 | -- | 7,472 | 7,472 SqFt |
| 836 S Catalina Street, Los Angeles, CA, 90005 | $2,250,000 | 8 | -- | 5,322 | 5,322 SqFt |
| 741 S Hobart Boulevard, Los Angeles, CA, 90005 | $3,999,000 | 15 | -- | 11,230 | 11,230 SqFt |
| 3951 Ingraham Street, Los Angeles, CA, 90005 | $8,500,000 | 23 | -- | 21,100 | 21,100 SqFt |
| 705 S Gramercy Place, Los Angeles, CA, 90005 | $1,490,000 | 6 | -- | 3,640 | 3,640 SqFt |
| 838 S Gramercy Place, Los Angeles, CA, 90005 | $1,790,000 | 11 | -- | 6,324 | 6,324 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 03:14
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