Description
Pleased to offer for sale a seven-unit apartment community located at 1806-1810 South Berendo Street. These are two separate Multi-Family properties on contiguous lots. The subject property is located just north of Washington Boulevard and west of Vermont Avenue near Harvard Heights. Situated on a 6,203 square foot parcel, the property comprises of large units with excellent layouts. There is 29% rental upside through interior renovations. The property offers investors a unique opportunity to acquire an asset well suited to provide investors with health returns and long term appreciation potential. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate and achieve superior future returns moving forward makes 1806-1810 South Berendo Street an excellent acquisition opportunity.
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11BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
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6,203SQFT
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$298$/SQFT
School Ratings & Info
Description
Pleased to offer for sale a seven-unit apartment community located at 1806-1810 South Berendo Street. These are two separate Multi-Family properties on contiguous lots. The subject property is located just north of Washington Boulevard and west of Vermont Avenue near Harvard Heights. Situated on a 6,203 square foot parcel, the property comprises of large units with excellent layouts. There is 29% rental upside through interior renovations. The property offers investors a unique opportunity to acquire an asset well suited to provide investors with health returns and long term appreciation potential. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate and achieve superior future returns moving forward makes 1806-1810 South Berendo Street an excellent acquisition opportunity.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-21T07:41:09.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.