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749 S Berendo

Los Angeles, CA 90005
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Bed 1

Bed

Bath 2

Bath

SqFt8,997

Sqft(Lot)

The Berendo property currently consists of a turn-key ten multifamily units zoned LAR4-2, high density offering solid redevelopment potential. LAR4-2 zoning in Los Angeles permits high-density residential development, including apartment houses, multiple dwellings, and mixed use projects. The "LAR4" portion allows for 1 dwelling unit per 400 sq. ft. of lot area, while the "2" indicates a Height District 2 designation, generally allowing for unlimited height. Approximately 28% upside in rents. Separately metered for gas and electric. Individual water heaters. Pitched built up roof, raised foundation, gated. Fourteen parking spaces with new automatic gate. Well maintained property. Professionally managed. Excellent transportation. 96 Walkscore. Most recent single unit rented at $1,475 (June 2026). Newly reconstructed second floor exterior walkway. One block from Robert F. Kennedy Community School. Gated frontage and entry. Low maintenance landscaping. Unit mix consists of two, one bedroom units and eight large singles with kitchens. Can be delivered with two vacancies. Gross Rent Multiplier 9.71 at current rents, 7.54 at market. Capitalization rate 5.71% current, 8.16% at market. $138,400 cost per unit. $212 cost per square foot. Current rent per square foot at $2.03, estimated rent per square foot at market $2.67. Large lot with most parking leased separately.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,384,000

AD Id : 86162453

MLS Id : SR26132353

Beds : 1

Lot Size : 8,997 Sqft

Year Built : 1956

County : Los Angeles

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Feature Features

  • Interior Features

    Roof: SeeRemarks
    Laundry Features: None
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1956
    Building Area Total: 5720
    Construction Materials: Frame, Stucco
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 8997 Lot Size Acres: 0.2065 Lot Size Source: Assessor Lot Size Square Feet: 8,997 Lot Description: ThirtySixToFortyUnitsAcre

  • Listing Price Information

    Listing Price: $1384000
    Cash, CashToNewLoan, Conventional

  • Tax Information

    Parcel Number: 5094009018 Tax Lot: 10 Tax Block: F

  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: One block from Robert F. Kennedy Community School WaterSource: Public
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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 $1,099,999 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
811 S Vermont Avenue, Los Angeles, CA, 90005 $1,699,000 -- -- 4,676 4,676 SqFt
747 S New Hampshire Ave.., Los Angeles, CA, 90005 $3,495,000 -- -- 14,188 14,188 SqFt
810 S Berendo Street, Los Angeles, CA, 90005 $4,500,000 30 30 12,747 12,747 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 8 5,322 5,322 SqFt
869 Irolo Street, Los Angeles, CA, 90005 $1,999,000 4 2 3,214 3,214 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 11:33

MLS: SR26132353 LISTED BY: Todd Schwartz, Hanes Investment Realty, Inc. 818-825-5100 SOURCE: CRMLS

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