Multifamily Housing - For Sale
932 South Berendo Street Los Angeles, CA 90006
Details & Description
Price: $1,950,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.000
  • Building Sq Ft 4,032
  • Building Price per Sq Ft $483.63
Ponderosa Court is comprised of Two 4-unit multifamily structures (side-by-side) located in the trendy and high growth area of Koreatown. Each four-unit is comprised of 4-One Bedroom One Bathroom apartment homes. The 2 story walk-up style complexes were built in 1923 and exclude 20’s charm and unique character that separates these units from the Ordinary rental. The buildings are separately metered for gas and electric and benefi t from a gated community courtyard equipped with a Smart Locker for resident’s Amazon packages and beyond. This corner location scores an incredible 94 on walkability, checking all boxes on what millennials are asking for.
Property Highlights
 Zoned LAR4 This parcel is in a TOC Tier 3 providing 70 increase in density a Designated Qualifi ed Opportunity Zone
 Location, Location, Location - Millennials choice apartment complex with amenity rich neighborhood walk score of 94
Listing Agents
Kevin Kawaoka

O: 310-806-6119
kkawaoka@naicapital.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

932 South Berendo Street

Los Angeles, CA 90006

Listing ID: 248508
$1,950,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.000
  • Building Sq Ft 4,032
  • Building Price per Sq Ft $483.63
  • 932 South Berendo Street Los Angeles, CA 90006 | for Sale | Photo 1
  • 932 South Berendo Street Los Angeles, CA 90006 | for Sale | Photo 2
  • 932 South Berendo Street Los Angeles, CA 90006 | for Sale | Photo 3
932 South Berendo Street | for Sale | Thumbnail 1
932 South Berendo Street | for Sale | Thumbnail 2
932 South Berendo Street | for Sale | Thumbnail 3
Property Highlights
 Location, Location, Location - Millennials choice apartment complex with amenity rich neighborhood walk score of 94
 Two 4-unit structures, Side by Side with central courtyard
 5 units delivered vacant - opportunity for Owner-Userimmediate value-add add up to 2 ADU units.
 Zoned LAR4 This parcel is in a TOC Tier 3 providing 70 increase in density a Designated Qualifi ed Opportunity Zone
Description

Ponderosa Court is comprised of Two 4-unit multifamily structures (side-by-side) located in the trendy and high growth area of Koreatown. Each four-unit is comprised of 4-One Bedroom One Bathroom apartment homes. The 2 story walk-up style complexes were built in 1923 and exclude 20’s charm and unique character that separates these units from the Ordinary rental. The buildings are separately metered for gas and electric and benefi t from a gated community courtyard equipped with a Smart Locker for resident’s Amazon packages and beyond. This corner location scores an incredible 94 on walkability, checking all boxes on what millennials are asking for.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Los Angeles History of Multifamily Housing for Sale

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Los Angeles Area Market Trends

Listing Demographics for 932 South Berendo Street Los Angeles, CA 90006

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population121,623630,1001,274,215
Population Median Age363637
Population by Age0-9 Yrs14939 (12%)67169 (10%)137445 (10%)
10-19 Yrs12604 (10%)68738 (10%)136513 (10%)
20-29 Yrs22699 (18%)127684 (20%)245808 (19%)
30-39 Yrs22738 (18%)113140 (17%)229401 (18%)
40-49 Yrs16647 (13%)82913 (13%)176019 (13%)
50-59 Yrs13793 (11%)71514 (11%)145605 (11%)
60-69 Yrs9745 (8%)52914 (8%)107832 (8%)
70+ Yrs8457 (6%)46028 (7%)95593 (7%)
Median HH Income$38,873$43,210$48,984
Total Household Income< 24K13873 (30%)70666 (30%)131155 (27%)
25-49K14464 (31%)58896 (25%)109238 (23%)
50-74K8657 (18%)37416 (16%)75441 (15%)
75-99K4182 (9%)22302 (9%)48816 (10%)
100-199K4110 (8%)32001 (13%)78833 (16%)
200K+675 (1%)11141 (4%)30096 (6%)
Highest Education LevelNo Diploma29355129994246410
Diploma or GED1835587125169929
Some College1073265621142266
Assoc. Degree42262241548271
Bachelors Degree1757695400200108
Higher Degree53413731488433
Total Housing Units50,639255,875520,382
--Owner-Occupied2,59931,27594,155
--Renter-Occupied43,361201,146379,423
Owner-Occupied Values< 100K1176491623
100-199K1094661758
200-299K15512504892
300-399K434238910190
400-499K359288110628
500K+14252364065064
Total Working Age Population99,296525,7001,058,283
In Work Force70,101354,879710,625
Not In Work Force29,196170,822347,658
Workforce Employed65,600331,068662,193
Workforce Unemployed4,48123,74148,235
Civlian Workforce70,081354,809710,428
Military Workforce2070197
Total Households45,960232,421473,578
Family Households25,373119,598240,111
Non-Family Households20,587112,824233,466
Married Couple13,88668,130141,792
Other Family11,48751,46898,320
Married w/Child5,93327,69657,870
Single Male w/Child1,5606,69212,827
Single Female w/Child3,34615,52029,682

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
California33,871,648+1037,253,956+940,467,295+843,631,295
Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Los Angeles International Airport (LAX) 10
John Wayne Airport-Orange County Airport (SNA) 36
Ontario International Airport (ONT) 40
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