NOT LISTED FOR SALE
11 Beds
8 Baths
6,203 Sq Ft
9,316 Sq Ft Lot

Last Sold March 12, 2024

Last sale price $1,750,000 $282 Per Sq Ft

42 Days on Market

About This Home

As of March 2024

We are 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 9,316 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 healthy 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.**1806 & 1810 SOUTH BERENDO STREET ARE BEING SOLD ALONGSIDE EACHOTHER.**

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 11/06/2023

Last Buyer's Agent

Natalya Shcherbatyuk

Champion Realty License #01944936

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 9,316 Sq Ft Lot

Home Design

  • Split Level Home

Interior Spaces

  • 6,203 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Community Details

  • 3 Buildings
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5075-019-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 6203
  • Lot Acreage: 0.1070
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 290.02

Exterior Features

  • Other Structures: Other

Lot Info

  • Assessed Improvement Percent: 37.21
  • Assessed Improvement Value: 420470
  • Assessed Land Percent: 62.79
  • Assessed Land Value: 709544
  • Total Assessed Value: 1130014
  • Assessor Parcel Number: 5075-019-024
  • Lot Size Area: 9316

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 9.94
  • Number Of Units: 7
  • Total Annual Expense: 54775
  • Type Of Units: Residential
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $1,750,000 0.0% $282 / Sq Ft
01/30/2024 01/30/24 Off Market $1,750,000 -- --
12/18/2023 12/18/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $1,799,000 +19.5% $290 / Sq Ft
03/23/2020 03/23/20 Sold $1,505,000 -16.3% $266 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $1,799,000 +56.4% $318 / Sq Ft
07/03/2014 07/03/14 Sold $1,150,000 -8.0% $204 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
04/05/2014 04/05/14 For Sale $1,250,000 -- $221 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-329421

The MLS