East Hollywood Apartment
For Sale
$2,300,000
1184 N Berendo Street, Los Angeles, CA 90029
10-unit apartment building in East Hollywood near Sunset Blvd.
Property Size7,864 SF
Days on Market612
Property Features for 1184 N Berendo Street
General Information
Standard status
Active
Size
7,864 SF
Property subtype
Mixed Use
Building Details
Building Size
7,864 SF
Year Built
1958
Listing Agency:
Premier Properties Realty Prof
Listed By:
May Arroyo · License #01083775
(626) 445-7079
Source:
Velocityrealtysd
Added: Dec 30, 2024
Changed: Aug 28
Last Checked: Sep 1 at 10:55PM
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 Premier Properties Realty Prof
Investment Insights
Based on property information with market context.
Located in East Hollywood, this 10-unit apartment building presents an investment opportunity. The property is situated on a 7,815 square foot corner lot and includes 7,864 square feet of living space. The unit mix comprises eight 1-bedroom, 1-bathroom units, one 2-bedroom, 1-bathroom unit, and one 2-bedroom, 2-bathroom unit. There is one vacancy. The property has nine parking spaces. The building is located near Larchmont Village, Koreatown, and Downtown LA. Its location provides access to employers such as Netflix, Kaiser, and Paramount, as well as retailers like Ralphs and Starbucks. Freeway access is convenient, and the area experiences strong rental demand.
Key Highlights
- Prime East Hollywood location, two blocks from Sunset Blvd, near Larchmont Village, Koreatown, and Downtown LA.
- High proforma CAP rate of 8.5%+.
- Value‑add opportunity with potential for increased revenue.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,650
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 10-unit apartment building in East Hollywood near Sunset Blvd.
Where is this apartment building located?
The property is located at 1184 N Berendo Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Prime East Hollywood location, two blocks from Sunset Blvd, near Larchmont Village, Koreatown, and Downtown LA.; High proforma CAP rate of 8.5%+.; Value‑add opportunity with potential for increased revenue.
