1184 N Berendo St, Los Angeles, CA, 90029
About This Home
PRICE IMPROVEMENT!!! Price Reduced to $2,300,000, this 10-unit property offers strong upside potential for investors. Don’t miss your chance to acquire a multi-unit asset at an improved price—ideal for income growth and long-term appreciation. This Exceptional 10-unit apartment building in East Hollywood, just two blocks from Sunset Blvd. With a proforma CAP rate of 8.5%+, this value-add opportunity features 7,864 SF of living space on a 7,815 SF corner lot. The unit mix includes (8) 1B+1B, (1) 2B+1B, and (1) 2B+2B, with one vacancy and nine parking spaces. Centrally located near Larchmont Village, Koreatown, and Downtown LA, this property benefits from its proximity to top employers (Netflix, Kaiser, Paramount) and major retailers (Ralphs, Starbucks). Easy freeway access and strong rental demand make it a standout investment in a highly desirable area. SELLER WILL LISTEN TO ALL REASONABLE OFFERS!
Getting Around
Walker's Paradise
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 1958
Type & Style
- Home type: MultiFamily
- Property subType: Mixed Use
Interior
Appliances
- Laundry features: None
Bedrooms & Bathrooms
- Bathrooms: 11
Features
- Common walls with other units/homes: 2+ Common Walls
Interior Area
- Total structure area: 7,864
- Total interior livable area: 7,864 sqft
Property
Details
- Parcel number: 5540021001
- Attached to another structure: Yes
- Zoning: LARD1.5
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Berendo/1
- Pool features: None
- Spa features: None
Lot
- Lot size: 7,815 sqft
- Features: 0-1 Unit/Acre
Parking
- Total spaces: 9
- Parking features: Carport
- Covered spaces: 8
- Uncovered spaces: 1
- Carport: Yes
- Carport spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,630 | $139,560 |
| Home Insurance * | $409 | $4,908 |
| Property Taxes | $1,284 | $15,408 |
| Electricity | $1,686 | $20,235 |
| Total | $15,009 | $180,108 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-15 | Price change | $2,300,000 |
| 2025-05-15 | Listed for sale | $2,600,000 |
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