$3,200,000
743 S Berendo Street, Los Angeles CA 90005
Multi-Family (16 Units)
Property type
147 days
On market
$321
Price per sqft
0 cars
Garage
1950
Year built
12,001 sqft
Lot size
Open Houses
Overview
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,...
Listing provided by: William James DRE #01734419 310-600-9858, Lyon Stahl Investment Real Estate, Inc., Peter James DRE #01748556 310-467-7581, Lyon Stahl Investment Real Estate, Inc.
Listing updated: Jan 13, 2026 at 08:21am.
Last checked: Jun 5, 2026 at 04:30am
Source: CRMLS #26633191
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 5 | 0 | 1 | — | $1,333 | $6,665 | $8,000 | Unfurnished |
| 1 | 2 | 1 | — | $2,400 | $2,400 | $2,400 | Unfurnished |
| 10 | 1 | 1 | — | $1,962 | $19,625 | $21,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 16
Refrigerator: 16
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
9.2x
List Price / Annual Gross Rent
Cap Rate
6.82%
NOI / List Price
Vacancy Allowance: $1,696
Vacancy Allowance Rate: 3%
Net Operating Income: $218,172
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Refrigerator, Dryer, Washer
Fireplace: None
Laundry: Common Area, Laundry Room, Dryer Included, Washer Included
Entry Location: Ground Level W, Steps
Exterior
Architectural Style: Mid Century Modern
Property Attached: Yes
Stories Total: 2
Levels: Multi Split
Roof: Composition, Shingle
Construction Materials: Stucco
Common Walls: One Common Wall
Direction Faces: East
Security Features: Carbon Monoxide Detectors, Gated Community, Key Card Entry, Resident Manager, Smoke Detectors
Pool: None
Spa: None
Sewer: Other
View: City Lights
Garage and Parking
Parking: Assigned, Carport, Uncovered
Garage Spaces: 0
Uncovered Spaces: 9
Parking Total: 9
Lot Information
Land Lease: No
Parcel #: 5094009017
Additional Parcels: No
Zoning: LAR4
Lot Size Dimensions: 80x150
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 743 S Berendo Street, Los Angeles, CA 90005. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,560,000
Total Interest
$3,265,139
Total Payment
$5,825,139
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$19,664
per month
Property History for 743 S Berendo Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90005.
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