10-Unit Apartment
749 S Berendo, Los Angeles, CA 90005
For Sale
$1,384,000
Separate gas and electric meters, individual water heaters, and gated parking serve the residential property.
Property Size5,720 SF
Price / SF$241.96
Days on Market137
Property Features for 749 S Berendo
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Financials
Cap Rate
Gross Rent Multiplier
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Amenities
gated
individual water heaters
low maintenance landscaping
Building Details
Building Size
Year Built
Listing Agency:
Hanes Investment Realty, Inc.
(818) 825-5100
Listed By:
Todd Schwartz · License #01136688
Source:
Theshergroup
Added: Jun 25
Changed: Nov 7
Last Checked: Nov 7 at 7:32PM
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 Hanes Investment Realty, Inc.
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Investment Insights
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Built in 1956, this 5,720-square-foot apartment property contains 10 units: two one-bedroom apartments and eight larger single units with kitchens. The building has a raised foundation, pitched built-up roof, and a recently rebuilt second-floor exterior walkway. Gas and electric service is separately metered, and each unit has its own water heater. Fourteen parking spaces are secured behind an automatic gate; the grounds also include low-maintenance landscaping.
The property is zoned LAR4-2 and sits one block from Robert F. Kennedy Community School. Its reported Walk Score is 96. Two vacancies may be available at delivery. The stated gross rent multiplier is 9.71 at current rents and 7.54 at market rents; capitalization rates are 5.71% current and 8.16% at market.
The property is zoned LAR4-2 and sits one block from Robert F. Kennedy Community School. Its reported Walk Score is 96. Two vacancies may be available at delivery. The stated gross rent multiplier is 9.71 at current rents and 7.54 at market rents; capitalization rates are 5.71% current and 8.16% at market.
Key Highlights
- 10 apartments: two one‑bedroom units and eight single units with kitchens
- 5,720 square feet; built in 1956
- LAR4‑2 zoning
Property Analytics
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Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
8,787
Businesses Nearby
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Business Placement
Demographics for 90005, CA
37,987
Population
19,357
Households
2
Avg Household Size
37
Median Age
38%
College-Educated
74%
High-School Grad
1.2 sq mi
ZIP Area
31,656
Density / Sq Mi
$52,755
Median Household Income
$35,847
Median Earnings
$1,648
Median Rent
$1,084,400
Median Home Value
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Market
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Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Separate gas and electric meters, individual water heaters, and gated parking serve the residential property.
Where is this apartment building located?
The property is located at 749 S Berendo Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,384,000.
What are key features of this property?
This property features: 10 apartments: two one‑bedroom units and eight single units with kitchens; 5,720 square feet; built in 1956; LAR4‑2 zoning
