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Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26004205
HOA Y/N No
Year Built 2021
Annual Tax Amount $30,278
Lot Size 6,751 Sqft
Property Sub-Type Quadruplex
Property Description
The property features a desirable mix of three 3 bedroom units and one 2 bedroom unit, all separately metered with private balconies, in-unit laundry, and modern, easy-to-maintain finishes. Floorplans are noticeably larger than typical brand new construction in the area, with kitchen islands, generous living rooms, and oversized bedrooms and massive walk-in closets that support long-term tenant retention and consistently low vacancy. While many newer builds squeeze in extra bedrooms at the expense of livability, these layouts offer real space and comfort, contributing to strong performance over the last four years.
This is a straightforward, low-expense rental asset in one of LA's fastest-growing Eastside submarkets minutes from Silver Lake and Los Feliz. Current market rents are $3,995, $3,900, $3,800, and $3,500 (2 bed) monthly. Strong occupancy since 2021 reinforces the property's reliability for long-term income.
Surrounded by Michelin Guide recognized restaurants including Saffy's, Found Oyster, Budonoki, and Courage Bagels, and just moments from Erewhon and Silver Lake, 1119 N Berendo sits in a highly walkable, supply-constrained rental pocket. Its proximity to Hollywood, Los Feliz, and major job hubs such as Netflix HQ, Paramount Studios, Kaiser Hospital, and Sunset & Gower Studios attracts a stable renter base seeking newer construction with top Eastside amenities and nightlife.
With its proven operating history, desirable unit mix, larger and more functional layouts, and prime Virgil Village (Silver Lake adj.) location, 1119 N Berendo offers a rare opportunity to secure a dependable, income-producing asset in one of Los Angeles's most in-demand rental markets
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Oven, Freezer, Gas Range, Microwave, Refrigerator, Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup, Inside
Exterior
Pool None
Community Features Sidewalks
View Y/N Yes
View Neighborhood
Private Pool No
Building
Lot Description Landscaped
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5540024013
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Sharlotte Blake
Broker Associate | License ID: 02035876
Broker Associate License ID: 02035876