120 N Berendo Street
Los Angeles, CA 90004
- – beds
- – baths
- – sqft
- 7,500 sqft lot
- 1922 build
- – on site
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The duplex investment opportunity is located in Koreatown. The property is being sold in "As-Is" condition. The property is two stories and the building is approximately 2,964 sq ft that is constructed over a 7500 sq ft lot. The building was built in 1922. Both units are approximately 1,482 sq ft and consist of 2 bedrooms and 1 bathroom. The TOP UNIT IS VACANT and is ideal for a owner user and or a developer. The bottom unit is paying $2200. The property has a three car garage located in the rear of the property and has ample open spaces for more in the back. An astute investor should view this opportunity as a rare chance to purchase this asset for a number of reasons. The top unit is currently vacant and is ideal for a owner user. Lock in on attractive low 30 year fixed financing. Additionally the lot is 7500 sq ft that has a LAR3 zoning with Tier 3 TOC that potentially allows to build up to 15 units on the property. Another direction an investor may choose to take is to add ADU's increasing the overall value of the property.
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Last updated Apr 5, 2023
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MLS# 22142229 —
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/3/22
May 3, 2022
|
Sold | CRMLS_CA | $1,350,000 | |
|
4/27/22
Apr 27, 2022
|
Pending | CRMLS_CA | $1,350,000 | |
|
3/31/22
Mar 31, 2022
|
Listed / Active | CRMLS_CA | $1,350,000 | 15.9% |