230 N Berendo Street N

    Los Angeles (City), CA 90004
    • $1,500,000
    • STATUS: Active
    • ON SITE: 99 days
    • ID#: IN19165207
    UPDATED: 69 min ago
    $1,500,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,420
      SQFT
    • $339
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Up for sale in one of the busiest parts of LA is this 5-Unit Multi-family building located in Koreatown. Zoned R3. Property Assessment shows a total of 7 beds and 5 baths. Actual number is 7 beds and 6 baths.2 units in front: total area is 2,700 sqft.Unit 230 (2nd floor) has 2 beds, 1 bathUnit 232 (1st floor) has 2 beds, 2 baths3 units in the back: total area is 1,720 sqft.2 units are upstairs and 1 below, all have 1 bed and 1 bath each.There are 2 attached garages located underneath one of the upstairs units.There is a laundry room in between the front and the back units.In the back/left side of the building are some fruit trees and additional parking spaces. This 5-unit building is a fixer but will qualify for a loan. Sold AS IS. Seller will not provide repairs. All units are currently occupied and may be delivered vacant.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T12:35:52.683. 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 or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
    www.sdluxe.com/homes/96820632

    230 N Berendo Street N Los Angeles (City), CA 90004

    • Price: $1,500,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: IN19165207
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,420
    SQFT
    $339
    $/SQFT
    1950
    Built
    Neighborhood:
    KREA - Koreatown
    County:
    Los Angeles
    Area:
    KREA - Koreatown
    Property Description
    Up for sale in one of the busiest parts of LA is this 5-Unit Multi-family building located in Koreatown. Zoned R3. Property Assessment shows a total of 7 beds and 5 baths. Actual number is 7 beds and 6 baths.2 units in front: total area is 2,700 sqft.Unit 230 (2nd floor) has 2 beds, 1 bathUnit 232 (1st floor) has 2 beds, 2 baths3 units in the back: total area is 1,720 sqft.2 units are upstairs and 1 below, all have 1 bed and 1 bath each.There are 2 attached garages located underneath one of the upstairs units.There is a laundry room in between the front and the back units.In the back/left side of the building are some fruit trees and additional parking spaces. This 5-unit building is a fixer but will qualify for a loan. Sold AS IS. Seller will not provide repairs. All units are currently occupied and may be delivered vacant.
    Exterior Features

    Carport Spaces 2.00 Construction Materials ConcreteDrywall Walls Fence YN Yes Fencing Wrought Iron Lot Features Back YardLevelPaved Lot Size Dimensions 50 X 150 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Roof Concrete

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features CommunityWasher Hookup

    Property Features

    Accounting Type Proforma Additional Parcels YN No Asset Class Multi-Family Building Area Units Square Feet Building Status Existing Cap Rate 4.70 Country Us Electric Standard Gross Scheduled Income 93600.00 Investment Property YN Yes Land Lease YN No Land Use Multi-Family Laundry Equipment Own Lease Lease Laundry Income 1200.00 Laundry YN Yes Leasable Area Units Square Feet Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 70000.00 Number Of Units Leased 4 Occupancy Occupied Operating Expense 20000.00 Property Sub Type Multi Family Residential Square Footage 4420 Security Features Carbon Monoxide Detector(S)Closed Circuit Camera(S)Fire And Smoke Detection System Special Listing Conditions Standard Tax Annual Amount 16500.00 Tax Rate 1.10 Tax Year 2020 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Vacancy Allowance 2808 Vacancy Allowance Rate 3.00 Water Source Public Zoning Lar3

    Listing provided courtesy of Freyen Santiago of Realty One Group United


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T12:35:52.683. 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 or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
     
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