$2,275,000

For Sale

A month ago

122 S Berendo St, Los Angeles, CA

Name: 122 S Berendo St, For Sale in Los Angeles - eXp Realty
Brand: Kidder Mathews of California, Inc.
SKU: 26663271
Price: 2275000 USD

House

MLS® 26663271

4 Bed

11 Bath

5237 sqft

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 5237 sqft

Garage

Taxes

Days Active 37

Lot Size

Approx. Age 1948

Avg. Price Per Sqft $434

MLS® Number 26663271

Property Address: 122 S Berendo St, Los Angeles, CA, 90004-5791

Average square foot calculated using Size range provided by listing agent.

Description

Situated south of Beverly Boulevard between Normandie Avenue and Vermont Avenue, the property benefits from a premier infill location characterized by strong rental demand, walkability, and convenient access to public transportation and neighborhood amenities. The property features a diverse unit mix consisting of a spacious fully renovated 3-bedroom/2-bath front house with a charming garden area, four singles, four bachelor units, and a newly constructed 1-bedroom/1-bath ADU that is currently vacant. The ADU was thoughtfully converted from the on-site garage, providing immediate income potential or the flexibility for an owner-user component. The front house is individually metered, offering operational efficiency and expense controladvantages.122 S Berendo Street boasts a Walk Score of 92 ("Walker's Paradise"), allowing residents to accomplish daily errands without a vehicle. The property is approximately a nine minute walk to the Vermont/Beverly Station serving the Metro B Line (Red Line), providing convenient connectivity to Downtown Los Angeles, Hollywood, and the greater metropolitan area. Nearby recreational amenities include Shatto Recreation Center, Lafayette Park, and the South Serrano Avenue Historic District, further enhancing the property's residential appeal. From an investment perspective, the asset presents significant rental upside in a supply-constrained and high-demand submarket. As units turn over, an investor has the opportunity to reposition rents to market levels and further enhance cash flow. Additionally, ownership has begun implementing a Utility Reimbursement Program(RUBS), with over 60% tenant enrollment to date, creating the ability to recapture a meaningful portion of rising utility expenses and improve operating margins.122 S Berendo Street represents a compelling value add opportunity for investors seeking a well-located multifamily asset with immediate upside potential, operational efficiencies, and long-term appreciation prospects in one of Los Angeles' most dynamic rental markets

MLS® Number26663271

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1948

Basement

DrivewayElectric Gate

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 11, 2026List Date

$2,275,000List Price

Commute

Commute

Starting Address

Destination Address

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