749 S Berendo, Los Angeles, CA 90005
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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 29, 2026 at 01:44 PM
Rooms and interior
- Living area:5,720 sq. ft.
Heating and cooling
- Heating:Wall Furnace
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 Driveway, Assigned
New listings near 749 S Berendo
- New
$799,000Active3 beds 2 baths1,321 sq. ft.20309 Roscoe, Winnetka, CA 91306
MLS# SR26139835Listed by: TITUS REALTY, INC. - New
$849,900Active2 beds 2 baths1,871 sq. ft.4477 Woodman Avenue #305, Sherman Oaks, CA 91423
MLS# SR26140450Listed by: CONDO PROS REALTY - New
$400,000Active2 beds 2 baths864 sq. ft.13126 Bromont #1, Sylmar, CA 91342
MLS# SR26141183Listed by: JOHNHART REAL ESTATE - New
$389,000Active2 beds 1 baths864 sq. ft.13100 Bromont Avenue #11, Sylmar, CA 91342
MLS# SR26141193Listed by: JOHNHART REAL ESTATE - New
$389,000Active2 beds 1 baths864 sq. ft.13100 Bromont Avenue #46, Sylmar, CA 91342
MLS# SR26141200Listed by: JOHNHART REAL ESTATE - New
$725,000Active4 beds 2 baths1,811 sq. ft.1411 Mitchell Place, Los Angeles, CA 90033
MLS# TR26140261Listed by: HOMEQUEST REAL ESTATE - New
$1,650,000Active3 beds 4 baths1,900 sq. ft.2528 Hutton Drive, Beverly Hills, CA 90210
MLS# 26851663Listed by: COLDWELL BANKER REALTY - New
$3,495,000Active3 beds 3 baths1,987 sq. ft.716 Rochedale Way, Los Angeles, CA 90049
MLS# 26852919Listed by: TRIANGLE CREST - New
$7,495,000Active7 beds 9 baths6,865 sq. ft.305 S June Street, Los Angeles, CA 90020
MLS# 26853193Listed by: COLDWELL BANKER REALTY - New
$2,250,000Active-- beds -- baths3,312 sq. ft.5908 Barton Avenue, Los Angeles, CA 90038
MLS# 26853589Listed by: NOURMAND & ASSOCIATES-HW