122 S Berendo St, Los Angeles, CA 90004
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122 S Berendo St, Los Angeles, CA 90004
122 S Berendo St, Los Angeles, CA 90004
122 S Berendo St, Los Angeles, CA 90004
122 S Berendo St, Los Angeles, CA 90004
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Andrei Rafols

Andrei Rafols

+1(310) 651-1906
$ 2,275,000
Est. payment /mo
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Active

122 S Berendo St Los Angeles, CA 90004

4 Beds

11 Baths

5,237 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,237 sqft

Price per Sqft $434

MLS Listing ID 26663271

Bedrooms 4

Year Built 1948

Lot Size 8,671 Sqft

Acres 0.1991

Property Sub-Type Multi-Family

Property 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

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms Accessory Bldgs

Interior

Heating Natural Gas

Cooling Wall/Window

Equipment Dryer, Gas Or Electric Dryer Hookup, Hood Fan, Range/Oven, Refrigerator

Exterior

Parking Features Auto Driveway Gate

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kidder Mathews of California, Inc.
Andrei Rafols

Andrei Rafols

Agent | License ID: 02014153

+1(310) 651-1906

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