Los Angeles, CA

$2,300,000

1184 N Berendo Street, Los Angeles, CA

1958

Built

541

Days listed

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!

Facts & features

Interior

Laundry: None
Levels: Two
Spa: None

Exterior & lot

Lot size: 0.179 acres (7,815 sq ft)
Pool: None
Year built: 1958
Parking spaces: 9

Community

Area: C 17 - Mid-Wilshire
County: Los Angeles
Community features: Sidewalks

Listing details

Status: Active
Property type: Mixed Use
Days on market: 541
Listed: 2024-12-23
Original price: $2,750,000
Terms: Cash, Cash To New Loan, Conventional, FHA
Parcel #: 5540021001
MLS #: AR24248488

Listed by

May Arroyo · Premier Properties Realty Prof

626-445-7079 may@premierproprealty.comDRE #01083775

Location

Price history

Listed: $2,750,000 · 2024-12-23
Price reduced: $2,300,000 (−$450,000)
Days on market: 541
Current price: $2,300,000

Financing

Could this home be yours?

Estimated monthly payment

$14,428

$11,630 principal & interest · $2,798 taxes & insurance

Down payment (20%)

$460,000

Est. rate (%)

Estimate only

Term (years)

Loan $1,840,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

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Listing data provided by CRMLS

Listing courtesy of Premier Properties Realty Prof. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.