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Listed By: Mazdak Sarehkhani, 818-601-8215

Local Realty Services Provided By: Keller Williams Realty Los Feliz

Overview

What It'll Cost

Neighborhood

Similar Homes

$1,689,000

532 N Berendo Street, Los Angeles, CA 90004

sq ft

$1,689,000

532 N Berendo Street, Los Angeles, CA 90004

Estimation provided by Keller Williams Realty Inc.

sq ft

Active

For Sale

Property Description

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INVESTORS DREAM with a MOTIVATED SELLER WITH and an ANNUAL INCOME OF $175,224/ year and TWO UNITS ARE BEING DELIVERED VACANT!!!

This is a 4 legal units with ONE ADDITIONAL BONUS 2 bedroom unit that is unpermitted but fully remodeled and it has been used and rented always with long term tenants thanks to the nearby school and hospital with many travel nurses as an AIRBNB with an income of average $3500/ month. MAKING THIS REALLY A 5 UNIT PROPERTY!!!

ALL UNIT ARE FULLY REMODELED and IN A FANTASTIC CONDITION, 10+ parking spots, and property brings in $175,224 per year $14,602 per month. LIVE in the unpermitted unit and rent the remaining 4 units.

The units are 5 X 2/1. With income of $3500 (Section 8 tenant), $3052 (Section 8 tenant), $1050 (regular lease tenant), and TWO vacant units which are used as Airbnb currently and bringing in consistently $3500+ + $3500+ each per month with longterm tenancy thanks to the nearby college and the hospital with traveling nurses as common tenants.

This is the best deal in town with motivated seller and any reasonable offer will be considered. SO SUBMIT YOUR OFFER TODAY!

Property Details

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Overview

Property Type

Quadruplex

Property Size

sq ft

Year Built

1908

Days on Site

151 Days

Parking

20 Parking Spaces

Jeff Menendez Homes

Jeff Menendez

Corona/KW CA Premier

01855193

(951) 821-6683

jeff4homes@kw.com

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Activity History

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SAVES

Data provided by Keller Williams Realty, Inc.

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Purchase Price: $1,689,000

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Mortgage Insurance

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Purchase price has been changed to something other than the currently listed price.

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Price & Tax History

Date

Event

Price

03/06/2025

Price Decrease

$1,689,000

(-0.59%)

02/28/2025

Price Increase

$1,699,000

(+0.59%)

02/19/2025

Price Decrease

$1,689,000

(-0.59%)

01/27/2025

Price Decrease

$1,699,000

(-1.79%)

01/06/2025

Price Increase

$1,730,000

(+1.88%)

12/28/2024

Price Decrease

$1,698,000

(-0.06%)

12/10/2024

Price Decrease

$1,699,000

(-2.8%)

11/20/2024

Price Decrease

$1,748,000

(-0.06%)

10/24/2024

Listed

$1,749,000

(+112%)

02/01/2017

Sold

$825,000

(+450%)

10/01/1997

Sold

$150,000

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

$11,609

(+4.74%)

$920,299

Land 644,210 + Additions 276,089

2022

$11,084

(+1.37%)

$884,565

Land 619,196 + Additions 265,369

2021

$10,934

(+3.01%)

$884,565

Land 619,196 + Additions 265,369

2019

$10,614

(+131.28%)

$875,495

Land 612,847 + Additions 262,648

2017

$4,589

$841,500

Land 589,050 + Additions 252,450

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.