1121 N Berendo, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1121 N Berendo,Hollywood, CA 90006
$2,550,000
- - Beds
- - Baths
- 6,422 sq. ft.
- Multi-family
- Active
Listed by: lauren cearley, cheyenne womack
Office: myunits.com inc.844-698-6487
MLS#:BB26091845
Source:CRMLS
Price summary
- Price:$2,550,000
- Price per sq. ft.:$397.07
About this home
1121 N Berendo St is 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. Floor plans 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, $3,995, $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, 1121 N Berendo sits in a highly walkable, supply-constrained rental pocket. Its proximity to Hollywood, Los Feliz, and major job hubs such as Netflix HQ,Paramount Studios, Kaiser Hospital, and Sunset & Gower Studios attracts a stable renter base seeking newer construction with top Eastside amenities and nightlife. With its proven operating history, desirable unit mix, larger and more functional layouts, and prime Virgil Village (SilverLake adj.) location, 1121 N Berendo offers a rare opportunity to secure a dependable, income-producing asset in one of Los Angeles’s most in-demand rental markets!...
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Home facts
- Year built:2021
- Listing ID #:BB26091845
- Added:13 day(s) ago
- Updated:May 12, 2026 at 10:35 AM
Rooms and interior
- Kitchen Description:Dishwasher, Electric Oven, Freezer, Gas Range, Refrigerator
- Living area:6,422 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2021
- Building area:6,422 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Back Yard, Landscaped
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,550,000
- Price per sq. ft.:$397.07
- Tax amount:$30,278
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Oven, Freezer, Washer
- Laundry features:Dryer, Inside, Washer
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:2
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