1119 N Berendo, Los Angeles, CA 90029
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1119 N Berendo,Los Angeles, CA 90029
$2,550,000
- - Beds
- - Baths
- 6,422 sq. ft.
- Multi-family
- Active
Listed by: lauren cearley, cheyenne womack
Office: myunits.com inc.
MLS#:CRBB26004205
Source:CAMAXMLS
Price summary
- Price:$2,550,000
- Price per sq. ft.:$397.07
About this home
1119 N Berendo, a 2021-built fourplex in Virgil Village (Silver Lake adj.), East Hollywood offering a strong 5.52% cap rate, four years of proven rental history, and a 100% stabilized income stream. The property features a desirable mix of three 3 bedroom units and one 2 bedroom unit, all separately metered with private balconies, in-unit laundry, and modern, easy-to-maintain finishes. Floorplans are noticeably larger than typical brand new construction in the area, with kitchen islands, generous living rooms, and oversized bedrooms and massive walk-in closets that support long-term tenant retention and consistently low vacancy. While many newer builds squeeze in extra bedrooms at the expense of livability, these layouts offer real space and comfort, contributing to strong performance over the last four years. This is a straightforward, low-expense rental asset in one of LA's fastest-growing Eastside submarkets minutes from Silver Lake and Los Feliz. Current market rents are $3,995, $3,900, $3,800, and $3,500 (2 bed) monthly. Strong occupancy since 2021 reinforces the property's reliability for long-term income. Surrounded by Michelin Guide recognized restaurants including Saffy's, Found Oyster, Budonoki, and Courage Bagels, and just moments from Erewhon and Silver Lake, 1119 N B
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Home facts
- Year built:2021
- Listing ID #:CRBB26004205
- Added:1 day(s) ago
- Updated:January 09, 2026 at 12:18 AM
Rooms and interior
- Living area:6,422 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:2021
- Building area:6,422 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$2,550,000
- Price per sq. ft.:$397.07
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