Date
Details
Price
Change
Source
1/05/2026
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/13
$3,200,000
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1/13
Property Description
743 S. Berendo Street represents an opportunity to acquire a stabilized, well-performing multifamily asset in Prime Koreatown, ideally located one block south of Wilshire Boulevard and just two blocks from the Wilshire/Vermont Metro Station. The property benefits from a 94 Walk Score ("Walker's Paradise"), offering residents exceptional walkability to neighborhood retail, dining, and transit key drivers of sustained rental demand in this submarket. Offered at an asking price of $3,200,000, the property is currently priced at a 6.92% cap rate and 9.29 GRM, providing solid going-in returns in one of Los Angeles' most supply-constrained rental markets. The asset supports favorable financing assumptions, including approximately 70% loan-to-value at an estimated 5.65% interest rate and a healthy 1.39 debt coverage ratio, resulting in approximately 6.91% cash-on-cash return on current operations. With continued rent growth to market levels, the property projects to a 7.31% pro forma cap rate and 8.49 GRM, offering meaningful upside while maintaining operational stability.
Full Property Details
Full Property Details for 743 S Berendo St
General
- Price: $3,200,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26633191
- Updated: 1/9/2026
- Added to Site: 13 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 16
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: Community, Room, Laundry Area
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Smoke Detector, Resident Manager, Exterior Security Lights, Carbon Monoxide Detector(s), Card/Code Access, Gated
- Other Features: None
Parking
- Garage Description: Assigned, Carport, Uncovered
Location
- Area: Mid-Wilshire
- County: Los Angeles
- Cross Streets: Berendo & 8th St
- Driving Directions: Heading North on Vermont, turn West on 8th. Take Berendo North. The property is on the West side of the street.
- Direction Faces: East
Heating & Cooling
- Cooling Type: Wall/Window
- Heating Type: Wall
Utilities
- Sewer: In Street
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Mid-Century
- Exterior Const.: Stucco
- Roof: Composition, Shingle
- Common Walls: Attached
- Entry Floor Number: 1
- Entry Location: Ground Level w/steps
- Stories/Levels: 2
- Square Feet: 9,955
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1950
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 16
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.2755
- Lot Size: 12001
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 80 x 150
- Alley: Yes
- Lot Features: City
- Zoning: LAR4
- Lot Description: Single Lot
Financial Considerations
- Price Per Sq. Ft.: $321.45
- Price Per Unit: 200000
- Assessment Year: 1950
- Owner Pays: Water, Gardener
- Tenant Pays: Gas, Electricity
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5094-009-017
Listed by Lyon Stahl Investment Real Estate, Inc., William James and Lyon Stahl Investment Real Estate, Inc., Peter James
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 743 S Berendo St —
William James
Lyon Stahl Investment Real Estate, Inc.
Peter James
Lyon Stahl Investment Real Estate, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 743 S Berendo St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Rfk Community Schools-New Open World Academy K-12 3201 W. Eighth St., Los Angeles, CA 90010 | K-8 | 0.1 mi |
Rfk Community Schools - Ambassador School - Global Education 3201 West 8th Street, Los Angeles, CA 90005 | K-5 | 0.1 mi |
UCLA Community School 700 South Mariposa Avenue, Los Angeles, CA 90005 | 9-12 | 0.2 mi |
Rfk Community Schools-Ambassador-Global Leadership 701 South Catalina Street, Los Angeles, CA 90005 | 6-8 | 0.2 mi |
Young Oak Kim Academy 615 Shatto Place, Los Angeles, CA 90005 | 6-8 | 0.4 mi |
Rfk Community Schools-Los Angeles High School Of The Arts 701 South Catalina Street, Los Angeles, CA 90005 | 9-12 | 0.2 mi |
Rfk Community Schools- For The Visual Arts And Humanities 701 South Catalina Street, Los Angeles, CA 90005 | 9-12 | 0.2 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 743 S Berendo St
Tax History
Tax History for 743 S Berendo St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,569
3%
$1,321,929
4%
2023
$16,996
4%
$1,270,752
2%
2022
$16,266
2%
$1,245,914
2%
2021
$16,023
-1%
$1,221,563
1%
2020
$16,167
4%
$1,209,079
2%
2019
$15,579
2%
$1,181,490
2%
2018
$15,347
2%
$1,158,325
2%
2017
$14,996
3%
$1,135,613
2%
2016
$14,568
1%
$1,113,347
2%
2015
$14,371
-1%
$1,096,625
2%
2014
$14,523
—
$1,075,145
—
2013
$14,518
—
$1,070,287
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 743 S Berendo St
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- Single Family
- Active
- Updated 8 hours ago
- 6Beds
- 5Total Baths
- 4,179Sq. Ft.
- Single Family
- Active
- Updated 4 hours ago
- 4Beds
- 2Total Baths
- 1,635Sq. Ft.
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- Single Family
- Active
- Updated 5 days ago
- 10Beds
- 6Total Baths
- 3,769Sq. Ft.
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743 S Berendo St, Los Angeles, CA 90005 (MLS# 26633191) is a Multi-Family property with units containing 12 bedrooms and 0 full bathrooms. 743 S Berendo St is currently listed for $3,200,000 and was received on January 05, 2026. Want to learn more about 743 S Berendo St? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.