Property Listing No Longer Available for Sale

420 S Berendo St, Los Angeles, CA

Multi-family for Sale - $2,100,000 - 5,664 Sq. Ft. on 0.19 acres


Property Info

CIMLS#927770
Location
  420 S Berendo St
  Los Angeles CA 90020
UpdatedSeptember 21st, 2017
TypeMulti-family
Price$2,100,000
Building5,664 Sq. Ft.
Land0.19 acres

Property Description

Rosano Partners is pleased to present the oportunity to acquire a fourplex located in the heart of Koreatown. Built in 1920, the subject property offers all 2-bedroom 1.5 bathroom units, each with washer/dryer hook-ups. Gas and electricity are separately metered while water is mastered. The construction is made up of stucco and wood-frame and accomodates 8 parking spots for on-site tenants. Developers take note that this property is zoned R4 on a 8,251 SF lot with up to 20 buildable units. Buyer must verify all information.

Location Description:

The subject property is situated on 420 S Berendo Street less than a mile from Metro Purple, and Red line. The property lies near the intersection of Vermont Ave and 4th Street. With a walk score of 92 and being less than a mile from many schools, restaurants, and entertainment options, tenants will benefit from the local offerings and transportation.

Highlights:

>> Prime Koreatown asset

>> Separately metered for gas & elect

>> Each unit has washer/dryer hookups


Financials


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