749 S Berendo, Los Angeles, CA 90005
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
749 S Berendo,Los Angeles, CA 90005
$1,384,000
- 1 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: todd schwartz
Office: hanes investment realty, inc.
MLS#:SR26132353
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,384,000
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 28% 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 9.71 at current rents, 7.54 at market. Capitalization rate 5.71% current, 8.16% at market. $138,400 cost per unit. $212 cost per square foot. Current rent per square foot at $2.03, estimated rent per square foot at market $2.67. Large lot with most parking leased separately....
Contact an agent
Home facts
- Listing ID #:SR26132353
- Added:94 day(s) ago
- Updated:September 28, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
Structure and exterior
- Construction Materials:Stucco
Finances and disclosures
- Price:$1,384,000
New listings near 749 S Berendo
- Coming Soon
$465,000Coming Soon1 beds 1 baths860 sq. ft.738 S Los Angeles Street #707, Los Angeles, CA 90014
MLS# 26993663Listed by: ENGEL & VOLKERS BEVERLY HILLS - Coming SoonOpen Sat, 2 to 4pm
$2,699,900Coming Soon4 beds 4 baths2,123 sq. ft.642 N Cahuenga, Los Angeles, CA 90004
MLS# AR26203502Listed by: RE/MAX PREMIER PROPERTIES - Coming Soon
$535,000Coming Soon2 beds 1 baths892 sq. ft.2700 Cahuenga E, Los Angeles, CA 90068
MLS# SR26210881Listed by: ROKHMAN REALTY - Coming Soon
$840,000Coming Soon3 beds 2 baths1,248 sq. ft.16351 Labrador Street, North Hills, CA 91343
MLS# V1-38953Listed by: CENTURY 21 MASTERS - Coming Soon
$760,000Coming Soon2 beds 2 baths1,455 sq. ft.21500 Califa #141, Woodland Hills, CA 91367
MLS# SR26210616Listed by: KELLER WILLIAMS REALTY WORLD CLASS - Coming SoonOpen Sun, 1:30 to 4pm
$1,349,998Coming Soon3 beds 2 baths1,526 sq. ft.1705 S Genesee, Los Angeles, CA 90019
MLS# PW26210401Listed by: EXP REALTY OF GREATER LOS ANGELES - Coming Soon
$1,475,000Coming Soon3 beds 3 baths1,619 sq. ft.5722 Le Sage Avenue, Woodland Hills, CA 91367
MLS# SR26210463Listed by: THE ONE LUXURY PROPERTIES - Coming SoonOpen Fri, 11am to 2pm
$779,000Coming Soon3 beds 2 baths1,254 sq. ft.17225 Horace, Granada Hills, CA 91344
MLS# SR26209578Listed by: RE/MAX ONE - Coming Soon
$1,199,900Coming Soon-- beds -- baths4,936 sq. ft.4237 8th Avenue, Los Angeles, CA 90008
MLS# DW26202192Listed by: CENTURY 21 A BETTER SERVICE - Coming Soon
$799,000Coming Soon3 beds 2 baths1,490 sq. ft.7523 Craner, Sun Valley, CA 91352
MLS# SR26209794Listed by: CENTURY 21 MASTERS