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Fourplex with Private Balconies
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1119 N Berendo, Los Angeles, CA 90029

Recent construction offers separately metered units with in-unit laundry and spacious bedroom layouts.

Property SizeContact for details
Days on Market163

Property Features for 1119 N Berendo

General Information

Standard status Active
Property subtype Multifamily
Zoning Assessor

Units

Unit Mix 3 x 3BR, 1 x 2BR
Multifamily Units 4

Additional Details

Cap Rate 5.52%

Amenities

private balconies
in-unit laundry

Building Details

Year Built 2021
Buildings 2
Stories 3
Units 4
Listing Agency: Myunits.com Inc.
Listed By: Lauren Cearley · License #02146823
Source: Crexi
Added: Mar 27 Changed: Sep 4 Last Checked: Aug 30 at 3:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myunits.com Inc.

Investment Insights

Based on property information with market context.

Built in 2021, this fourplex contains three three-bedroom residences and one two-bedroom residence. Each unit is separately metered and includes a private balcony, in-unit laundry, kitchen island, generous living area, oversized bedrooms, and walk-in closets. The property has four years of rental history and a 5.52% cap rate, with a 100% stabilized income stream. Assessor zoning is identified for the property.

Located at 1119 N Berendo in Los Angeles’ Virgil Village, the property is adjacent to Silver Lake and near Los Feliz and Hollywood. The surrounding area includes Saffy’s, Found Oyster, Budonoki, Courage Bagels, and Erewhon. Nearby employment centers named in the property information include Netflix HQ, Paramount Studios, Kaiser Hospital, and Sunset & Gower Studios.

Key Highlights

  • 2021‑built fourplex with three 3‑bedroom units and one 2‑bedroom unit
  • 5.52% cap rate with a 100% stabilized income stream
  • Four years of rental history

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store Travel Agency Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

6,186
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Recent construction offers separately metered units with in-unit laundry and spacious bedroom layouts.
Where is this quadplex located?
The property is located at 1119 N Berendo Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 2021‑built fourplex with three 3‑bedroom units and one 2‑bedroom unit; 5.52% cap rate with a 100% stabilized income stream; Four years of rental history
(209) 298-6020 Call to check price and availability
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