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$1,199,999

  • For Sale
  • Active
  • Multi-Family
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Located in the heart of Korea Town this Charming 5 -unit Commercial complex features a great mix of residential properties amongst three separate structures on a High Density R-4-1 Zone with Upside potential . Four Bungalow style homes approximately 450 sq ft each and a Large 2 bedroom 1 bath Craftsman house at rear boasting approximately 1,128 sq ft of living space . Amenities include a large basement at rear that owner uses as a rumpus room /Office and work shed , plenty of common area for tenants and low maintenance on landscaping . These units are Fully occupied providing immediate rental income for the savvy investor . Property boast a competitive cap rate of 5.5% reflecting a strong income potential and investment viability in a rapidly growing neighborhood. Half a block south of Olympic blvd. within walking distance of Hannam chain market , Berendo Highschool and public transportation just to name a few

Full Property Details for 1050 S Berendo St

General

  • Price: $1,199,999
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: MB25165321
  • Updated: 8/19/2025
  • Days on Market: 171 days
  • Added to Site: 171 day(s) ago

Interior

  • Rooms/Areas: Basement, Workshop
  • Interior Features: Ceramic Counters
  • Fireplace(s): None
  • Appliances: Gas Oven, Gas Range
  • Flooring: Laminate

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: None, Street
  • Parking: None, Street

Location

  • Area: KREA - Koreatown
  • County: Los Angeles
  • Development Name: KREA - Koreatown
  • Driving Directions: W. of Olympic blvd and s. Berendo

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s), Whole House Fan
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 5
  • # Electric Meters: 5

Structural Information

  • Architectural Style: Bungalow, Craftsman
  • Roof: Composition
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 2,928
  • Year Built: 1895

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 4
  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: Workshop

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1356
  • Lot Size (Sq. Ft.): 5,906
  • Lot Size Source: Public Records
  • Zoning: LAR-4-1
  • Lot Description: Near Public Transit

Financial Considerations

  • Price Per Sq. Ft.: $409.84
  • Price Per Unit: 240000

Listed by Keller Williams Larchmont, JOSEPHINE SAN LUCAS

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Listing agent

— 1050 S Berendo St —

  • JOSEPHINE SAN LUCAS

    Keller Williams Larchmont

562-843-8748

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1050 S Berendo St

School District:Los Angeles Unified School District
NameGradesDistance
Leo Politi Elementary School
2481 West 11th Street, Los Angeles, CA 90006
K-50.4 mi
Berendo Middle School
1157 South Berendo Street, Los Angeles, CA 90006
6-80.1 mi
West Adams Preparatory High School
1500 West Washington Boulevard, Los Angeles, CA 90007
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1050 S Berendo St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/19/2025
Price Reduced
$1,199,999
—
MLS
7/31/2025
Listed
$1,200,000
118.18%
MLS
3/07/2008
Sold
$550,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1050 S Berendo St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,495
3%
$722,420
4%
2023
$9,214
4%
$694,370
2%
2022
$8,818
1%
$680,756
2%
2021
$8,703
-1%
$667,409
1%
2020
$8,784
4%
$660,566
2%
2019
$8,461
1%
$647,615
2%
2018
$8,337
3%
$634,918
2%
2017
$8,124
2%
$622,470
2%
2016
$7,929
1%
$610,265
2%
2015
$7,821
16%
$601,099
21%
2014
$6,727
—
$495,000
—
2013
$6,739
—
$495,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams Larchmont, JOSEPHINE SAN LUCAS

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1050 S Berendo Street, Los Angeles, CA 90006 (MLS# MB25165321) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 1050 S Berendo Street is currently listed for $1,199,999 and was received on July 31, 2025. Want to learn more about 1050 S Berendo Street? Do you have questions about finding other Multi-Family real estate for sale in Koreatown? You can browse all Koreatown real estate or contact a Coldwell Banker agent to request more information.

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