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1810 S Berendo St, Los Angeles, CA 90006
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1810 S Berendo St Los Angeles, CA 90006

$1,750,000 Sold Price as of 03/12/2024
  • 11 Beds
  • 8 Baths
  • 6,203 Sq.Ft.
Sold
$1,750,000 Sold Price as of 03/12/2024 Refinance Your Mortgage
Map preview of 1810 S Berendo St, Los Angeles, CA 90006

Property Overview: 1810 S Berendo St Los Angeles, CA has 11 bedrooms, 8 bathrooms, 6,203 living square feet and 9,316 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer for sale a seven-unit apartment community located at 1806-1810 South Berendo Street. These are two separate Multi-Family properties on contiguous lots. The subject property is located just north of Washington Boulevard and west of Vermont Avenue near Harvard Heights. Situated on a 9,316 square foot parcel, the property comprises of large units with excellent layouts. There is 29% rental upside through interior renovations. The property offers investors a unique opportunity to acquire an asset well suited to provide investors with healthy returns and long term appreciation potential. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate and achieve superior future returns moving forward makes 1806-1810 South Berendo Street an excellent acquisition opportunity.**1806 & 1810 SOUTH BERENDO STREET ARE BEING SOLD ALONGSIDE EACHOTHER.**

Listed by Sean Rosenzweig | BRE #01406343 | Marcus & Millichap
Last checked: 13 minutes ago | Last updated: March 18th, 2024 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
9,316
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23329421
City
Los Angeles
County
Los Angeles
Time on Site
318 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,666
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,666
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,758
  • Total Rent: $2,758
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,666
  • Total Rent: $2,666
  • Pro Forma/Market Rent: $2,666
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,666
  • Total Rent: $2,666
  • Pro Forma/Market Rent: $2,666
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,666
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.72%
  • Gross Rent Multiplier: 9.94
  • Gross Scheduled Income: --
  • Net Operating Income: $120,862
  • Gross Operating Income: $175,636
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1810 S Berendo St

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 7
  • Parcel Number: 5075019024
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of Vermont Avenue & North of Washington Boulevard.
View more facts & features

Local Los Angeles Agent

Sale History for 1810 S Berendo St

Last sold for $1,750,000 on March 12th, 2024

  • March, 2024

  • Mar 12, 2024

    Date

    Sold

    CRMLS: 23329421

    $1,750,000

    Price

  • Nov 6, 2023

    Date

    Active

    CRMLS: 23329421

    $1,799,000

    Price

  • October, 2023

  • Oct 27, 2023

    Date

    Expired

    CRMLS: 23298369

    $1,849,999

    Price

  • Aug 7, 2023

    Date

    Active

    CRMLS: 23298369

    $2,080,000

    Price

  • Listing provided courtesy of CRMLS

    Pleased to offer for sale a seven-unit apartment community located at 1806-1810 South Berendo Street. These are two separate Multi-Family properties on contiguous lots. The subject property is located just north of Washington Boulevard and west of Vermont Avenue near Harvard Heights. Situated on a 6,203 square foot parcel, the property comprises of large units with excellent layouts. There is 29% rental upside through interior renovations. The property offers investors a unique opportunity to acquire an asset well suited to provide investors with health returns and long term appreciation potential. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate and achieve superior future returns moving forward makes 1806-1810 South Berendo Street an excellent acquisition opportunity.

  • August, 2023

  • Aug 8, 2023

    Date

    Canceled

    CRMLS: 23290425

    $1,300,000

    Price

  • Jul 13, 2023

    Date

    Active

    CRMLS: 23290425

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a five-unit apartment community located at 1810 South Berendo Street. The subject property is located just north of Washington Boulevard and west of Vermont Avenue near Harvard Heights. Situated on a 4,662 square foot parcel, the property comprises of large units with excellent layouts. There is 36% rental upside through interior renovations. New Ownership has Potential to Add Accessory Dwelling Units (ADU) to the Property Allowing for Added Future Growth and Appreciation Potential - Buyer to Verify. Units 1810 & 1810 3/4 are 1B/1B + Den. Market Rents Assume 1B/1B units converted to 1B/1B + Den as was done to units 1810 & 1810 3/4 The property offers investors a unique opportunity to acquire an asset well suited to provide investors with health returns and long term appreciation potential. The continued gentrification of the surrounding area along with the value-add potential for anew owner to renovate and achieve superior future returns moving forward makes 1810 South Berendo Street an excellent acquisition opportunity.**1810 South Berendo Street is being sold alongside 1806 South Berendo Street (2 Units). The Propertiesmay be sold together or individually.**

  • November, 2022

  • Nov 21, 2022

    Date

    Expired

    CRMLS: P1-10092

    $1,375,000

    Price

  • Jun 21, 2022

    Date

    Active

    CRMLS: P1-10092

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    1810 South Berendo Street is located in the Harvard Heights submarket of Los Angeles and features five units with garage parking at the rear portion of the property. The property totals +4,470 square foot of gross building area atop a +/-4,436 square foot lot. The building offers a great unit mix of (2) - 2 bed / 1 bath and (3) - 1 bed / 1 bath units. This property is the perfect opportunity for an investor to capitalize on its close proximity to major hubs for commuters heading into Downtown Los Angeles or students heading towards the University of Southern California.This property is uniquely situation in between three major freeways: the 10, 110 and the 101 and is surrounded by popular LA hotspots such as Downtown Los Angeles, the Cypto.com Arena and LA Live. Just a 10-minute drive south is the University of Southern California, the LA Memorial Coliseum and Exposition Park. This property is in a prime location for tenants to experience all the city of Los Angeles has to offer.The property is also in close proximity to major retailers such as Food 4 Less, Smart & Final and Northgate Market and is surrounded by local and chain takeout food options.

  • November, 2022

  • Nov 1, 2022

    Date

    Expired

    CRMLS: P1-10763

    $1,275,000

    Price

  • Aug 5, 2022

    Date

    Active

    CRMLS: P1-10763

    $1,375,000

    Price

  • Listing provided courtesy of CRMLS

    1810 South Berendo Street is located in the Harvard Heights submarket of Los Angeles and features five units with garage parking at the rear portion of the property. The property totals +4,470 square foot of gross building area atop a +/-4,436 square foot lot. The building offers a great unit mix of (2) - 2 bed / 1 bath and (3) - 1 bed / 1 bath units. This property is the perfect opportunity for an investor to capitalize on its close proximity to major hubs for commuters heading into Downtown Los Angeles or students heading towards the University of Southern California. This property is uniquely situation in between three major freeways: the 10, 110 and the 101 and is surrounded by popular LA hotspots such as Downtown Los Angeles, the Cypto.com Arena and LA Live. Just a 10-minute drive south is the University of Southern California, the LA Memorial Coliseum and Exposition Park. This property is in a prime location for tenants to experience all the city of Los Angeles has to offer. The property is also in close proximity to major retailers such as Food 4 Less, Smart & Final and Northgate Market and is surrounded by local and chain takeout food options.

  • March, 2020

  • Mar 23, 2020

    Date

    Sold

    CRMLS: PW20002533

    $1,505,000

    Price

  • Mar 20, 2020

    Date

    Pending

    CRMLS: PW20002533

    $1,799,000

    Price

  • Jan 6, 2020

    Date

    Active

    CRMLS: PW20002533

    $1,799,000

    Price

  • Listing provided courtesy of CRMLS

    7 Unit Multi-Family near Vermont & Washington, north of 10 Freeway - Excellent Location! Fully occupied with monthly rental income close to $12,000. Tremendous upside potential. 3 miles to Downtown Los Angeles and USC.

  • March, 2020

  • Mar 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,505,000

    Price

  • October, 2019

  • Oct 4, 2019

    Date

    Canceled

    CRMLS: 19430228

    $1,799,000

    Price

  • Sep 4, 2019

    Date

    Price Change

    CRMLS: 19430228

    $1,799,000

    Price

  • Feb 6, 2019

    Date

    Active

    CRMLS: 19430228

    $1,899,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investment Opportunity!!! Well maintained 7-unit apartment located in near Koreatown, USC and DTLA. Easy access to freeway 10 & 110. This is the sale of 2 units in 1806 S Berendo and 5 units in 1810 S Berendo on neighboring lot. The property features 3 separate buildings in one big lot. First building consists of 4 units 1bed/1bath, formal dining area, living room, kitchen. Second building consists of 2 units 2bed/1bath and each has living room, kitchen. Third building is a single family home with 4bed/2bath, living room. All units are assigned their own one car garage. Units have been upgraded with tile floor, plumbing, electrical, garage door, exterior & interior paint. Easy management! Tenants pay Electricity, Gas and Trash. Fully occupied.

  • August, 2016

  • Aug 2, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1810 S Berendo St

Assessed Value (2020): $879,146
Year Land Value Improved Value Assessed Value
2020 $576,941 $302,205 $879,146

Home Value Compared to the Market

This property vs the competition

1810 S Berendo St sold on March 12, 2024 for 60.62% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $290.02 per/sqft which puts the price per square foot 59.94% lower than the current median sale per square foot for the city of Los Angeles.

About 1810 S Berendo St

Detailed summary of property

1810 S Berendo St is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 11 bedrooms, 8 bathrooms, roughly 6,203 living square feet, and sits on an approximately 9,316 square foot lot. 1810 S Berendo St was first listed on ArdentRealEstateGroup.com on November 7, 2023. The homeowner sold the property for $1,750,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 60.62% higher than the current median priced home. Local homes that are currently for sale include 1561-1 S Harvard Blvd, 1616 S Bonnie Brae St and 1455 W 28th St. While the average home in Los Angeles, CA is selling in 106 days, 1810 S Berendo St has a days on market of 42 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1810 S Berendo St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1810 S Berendo St

Public county record property details
Beds
6
Baths
5
Year built
1922
Sq. Ft.
4,340
Lot Size
4,662
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5075-019-024

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$598
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$597
Total Inventory
33
Median Sale to List Price %
87.46%
Avg Days on Market
75
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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