749 S Berendo
Los Angeles, CA 90005
Listing broker / agent: Hanes Investment Realty, Inc. · Todd Schwartz · 818-825-5100 · CRMLS
MLS # SR26132353 · Last checked Nov 15, 2026 00:52 UTC
About this property
The Berendo property currently consists of a turn-key ten multifamily units zoned LAR4-2, high density offering solid redevelopment potential. LAR4-2 zoning in Los Angeles permits high-density residential development, including apartment houses, multiple dwellings, and mixed use projects. The "LAR4" portion allows for 1 dwelling unit per 400 sq. ft. of lot area, while the "2" indicates a Height District 2 designation, generally allowing for unlimited height. Approximately 28% upside in rents. Separately metered for gas and electric. Individual water heaters. Pitched built up roof, raised foundation, gated. Fourteen parking spaces with new automatic gate. Well maintained property. Professionally managed. Excellent transportation. 96 Walkscore. Most recent single unit rented at $1,475 (June 2026). Newly reconstructed second floor exterior walkway. One block from Robert F. Kennedy Community School. Gated frontage and entry. Low maintenance landscaping. Unit mix consists of two, one bedroom units and eight large singles with kitchens. Can be delivered with two vacancies. Gross Rent Multiplier 9.71 at current rents, 7.54 at market. Capitalization rate 5.71% current, 8.16% at market. $138,400 cost per unit. $212 cost per square foot. Current rent per square foot at $2.03, estimated rent per square foot at market $2.67. Large lot with most parking leased separately.
Property details
- MLS number
- SR26132353
- Status
- Pending
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.2065 acres
- Reported private pool
- No
- Year built
- 1956
More property detailsCollapse
Listing
- Days on market
- 140
Building
- Year built
- 1956
- Year built source
- Assessor
- Building stories
- 2
- Entry level
- 12
- Construction
- Frame, Stucco
- Roof
- See Remarks
- Foundation
- Raised
- Condition
- Turnkey
Rooms & interior
- Heating
- Wall Furnace
- Cooling
- None
- Fireplace
- None
- Laundry
- None
Exterior & parking
- Total parking spaces
- 14
- Garage spaces
- 0
- Parking
- Assigned, Asphalt
- Pool
- None
- Spa
- None
- Lot features
- Thirty Six To Forty Units Acre
- Lot size source
- Assessor
- Fencing
- See Remarks
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Community features
- Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
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Ask about the price, layout, parking, or another reported property detail.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| New Open World Academy K-12 (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–12 | 0.2 mi |
| Ambassador School-Global Education (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.2 mi |
| Los Angeles High School of the Arts (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.2 mi |
| School for the Visual Arts and Humanities (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.2 mi |
| Ambassador-Global Leadership (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 6–12 | 0.2 mi |
| UCLA Community K-12 (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–12 | 0.2 mi |
| Young Oak Kim Academy (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 6–8 | 0.4 mi |
| Mariposa-Nabi Primary Center (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–2 | 0.4 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,384,000
- MLS-reported original asking price
- $1,384,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 08:18 | $1,384,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
670 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-15 01:27 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
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