749 S Berendo, Los Angeles, CA 90005
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
749 S Berendo,Los Angeles, CA 90005
$1,384,000
- - Beds
- - Baths
- 5,720 sq. ft.
- Multi-family
- Active
Listed by: todd schwartz
Office: hanes investment realty, inc.818-825-5100
MLS#:SR26132353
Source:CRMLS
Price summary
- Price:$1,384,000
- Price per sq. ft.:$241.96
About this home
The Berendo property currently consists of a turn-key ten multifamily units zoned LAR4-2, high density offering solid redevelopment potential. LAR4-2 zoning in Los Angeles permits high-density residential development, including apartment houses, multiple dwellings, and mixed use projects. The "LAR4" portion allows for 1 dwelling unit per 400 sq. ft. of lot area, while the "2" indicates a Height District 2 designation, generally allowing for unlimited height. Approximately 32% upside in rents. Separately metered for gas and electric. Individual water heaters. Pitched built up roof, raised foundation, gated. Fourteen parking spaces with new automatic gate. Well maintained property. Professionally managed. Excellent transportation. 96 Walkscore. Most recent single unit rented at $1,475 (June 2026). Newly reconstructed second floor exterior walkway. One block from Robert F. Kennedy Community School. Gated frontage and entry. Low maintenance landscaping. Unit mix consists of two, one bedroom units and eight large singles with kitchens. Can be delivered with two vacancies. Gross Rent Multiplier 9.95 at current rents, 7.54 at market. Capitalization rate 5.50% current, 8.16 at market. $138,400 cost per unit. $212 cost per square foot. Current rent per square foot at $2.30, estimated rent per square foot at market $2.67. Large lot with most parking leased separately....
Contact an agent
Home facts
- Year built:1956
- Listing ID #:SR26132353
- Added:3 day(s) ago
- Updated:June 28, 2026 at 04:40 PM
Rooms and interior
- Living area:5,720 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1956
- Building area:5,720 sq. ft.
- Lot area:0.21 Acres
- Construction Materials:Frame, Stucco
- Foundation Description:Raised
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,384,000
- Price per sq. ft.:$241.96
Parking
- Total parking spaces:14
- Parking description:Asphalt, Assigned
New listings near 749 S Berendo
- New
$999,999Active3 beds 2 baths1,511 sq. ft.1915 Malcolm Avenue #301, Los Angeles, CA 90025
MLS# CL26853381Listed by: COMPASS - Open Fri, 4 to 6:15pmNew
$999,999Active3 beds 2 baths1,511 sq. ft.1915 Malcolm Avenue #301, Los Angeles, CA 90025
MLS# 26853381Listed by: COMPASS - New
$960,000Active2 beds 2 baths1,360 sq. ft.3785 Wilshire Boulevard #2008, Los Angeles, CA 90010
MLS# 26851381Listed by: KELLER WILLIAMS LARCHMONT - New
$569,999Active2 beds 2 baths1,214 sq. ft.5376 Fairview Boulevard #104, Los Angeles, CA 90056
MLS# 26853321Listed by: COMPASS - New
$589,000Active1 beds 1 baths702 sq. ft.11838 Kiowa Avenue #203, Los Angeles, CA 90049
MLS# 26853345Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$799,999Active4 beds 3 baths2,330 sq. ft.4660 Don Lorenzo Drive #B, Los Angeles, CA 90008
MLS# 26853353Listed by: EXP REALTY OF CALIFORNIA INC - New
$589,000Active1 beds 1 baths702 sq. ft.11838 Kiowa Avenue #203, Los Angeles, CA 90049
MLS# 26853345Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$2,299,888Active6 beds 5 baths12930 Gilmore Avenue, Los Angeles, CA 90066
MLS# PW26140499Listed by: ROA CALIFORNIA INC - New
$1,295,000Active4 beds 2 baths1,927 sq. ft.6414 Corbin Avenue, Reseda (los Angeles), CA 91335
MLS# CL26853079Listed by: BELMONT BROKERAGE INC - New
$495,000Active1.11 Acres2133 Outpost Drive, Los Angeles, CA 90036
MLS# 26851127Listed by: THE ONE LUXURY PROPERTIES