Listing provided courtesy of Mazdak Sarehkhani of Mazdak Sarehkhani. Last updated 2024-11-22 09:11:45.000000. Listing information © 2024 CRMLS.
Asking Price: $1,748,000
532 Berendo, Los Angeles CA 90004
Community: C20 - Hollywood
Status: Active
This Quadruplex property was built in 1908 and is priced at $1,748,000. Please see the additional details below.
LOOK NO FURTHER, TWO UNITS ARE 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 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 $175,2240 per year $14,602 per month. LIVE in the unpermitted unit and rent the remaining 4 units and still have an annual income of $133,224 per year.
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 about $3500 + $3500 each per month.
This is the best deal in town and any reasonable offer will be considered, so submit your offer today!