Detailed Introduction Of This Home
Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a two-unit apartment community located at 1806 South Berendo Street. The subject property is located just north of Washington Boulevard and west of Vermont Avenue near Harvard Heights. Situated on a 4,654 square foot parcel, the property comprises of one two-bedroom unit and one four-bedroom unit. *The property currently operates as 1,863 square feet per documented measurements, however the LA County Assessor's records indicate there is 1,309 square feet. Buyer must conduct their own due diligence regarding this matter. There is 16% 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 anew owner to renovate and achieve superior future returns moving forward makes 1810 South Berendo Street an excellent acquisition opportunity.**1806 South Berendo Street is being sold alongside 1810 South Berendo Street (5 Units). The Properties may be sold together or individually.**