$1,689,000

532 N Berendo St Los Angeles, CA 90004

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 532 N Berendo St

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!

Highlights

Home typeQuadruplex
StatusActive
Lot size0.1723 Acres
Year built1908
MLS #SR24220787
Garage10 spaces

Summary

  • MLS Number: SR24220787
  • MLS Name: CRMLS
  • Office Name: Mazdak Sarehkhani
  • Office Phone: (818) 601-8215
  • Listing Agent: Mazdak Sarehkhani

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/16/2025, 12:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of side of property featuring covered porch

$1,689,000

532 N Berendo St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 06, 2017
Home Sold
$825,000
Jun 30, 1998
Home Sold
$258,000
Nov 06, 1997
Home Sold
$150,000

Tax history

YearAssessmentProperty Tax
2024$938,704$11,828
2023$920,299$11,608
2022$902,255$11,083
2021$884,565$10,934
2020$875,495$10,614
2019$858,330$10,502
2018$841,500$4,589
2017$354,945$4,589

History based on county public records data.

Nearby schools

7

Dayton Heights Elementary School

Public District KG-5

0.3 mi

607 N Westmoreland Ave

6

Alexandria Elementary School

Public District KG-5

0.3 mi

4211 Oakwood Ave

6

Frank Del Olmo Elementary School

Public District KG-5

0.5 mi

100 N New Hampshire Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,945. Residents of Los Angeles, CA typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

48%
<35k
47%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

43%
Single, No Kids
19%
Single, with Kids
19%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 532 N Berendo St in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $1,689,000.

Los Angeles, CA housing market in March 2025 saw over 302 listings sold above listed price, more than 116 sold at listed price and over 322 sold below. The number of listings in Los Angeles, CA increased by 13.7% between February and March 2025. In March 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $940,937.

From Rocket Homes Real Estate and based on county public records data.

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