532 N Berendo Street, Los Angeles, CA 90004
List Price: $1.34M
Listing Status: Active
Original List Price: $1.45M
0Days on Market: 87
11 Bedrooms · 5 Bathrooms · 3,428 sq ft
Property Type: ResidentialIncome
Year Built: 1908
Lot Size: 7,505 sq ft
MLS Number: 26650213
About This Property
***REDUCED PRICE*** 532 N. Berendo Street is a five-unit apartment property (four units per title) situated on a 7,505 square foot corner lot in East Hollywood. The asset offers investors the ability to obtain residential financing, as it is reflected as a four-unit building on title, and may be delivered with up to TWO UNITS VACANT creating immediate upside through lease-up, renovation, or owner-user occupancy. Zoned R3 and located in a Tier 3 TOC area, the oversized lot provides significant value-add and redevelopment potential, including an ADU addition and possible ED1 eligibility (buyer to verify). The unit mix is made up of Three 2B 1BA, One 3B, 1BA, and One non conforming 2B, 1BA.
Listing provided by: Yigal Fatirian DRE #02059042 310-425-9838 Yigal@lyonstahl.com, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS, MLS #: 26650213
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.