Multifamily Housing
932 South Berendo Street Los Angeles, CA 90006
Details & Description
Price: $1,950,000
    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
    • 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
    Building Size: 4,032 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $483.63
    Land $/SF:
    Price
    $1,950,000
    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.

    Common Questions and Answers

    What is the asking price for 932 South Berendo Street in Los Angeles?
    The asking price for 932 South Berendo Street is $1,950,000
    What is the building size of this Multifamily property in Los Angeles, CA?
    The size of the building/unit at 932 South Berendo Street in Los Angeles is 4,032 square feet
    What is the population within 1 mile of 932 South Berendo Street in Los Angeles?
    The population within 1 mile of 932 South Berendo Street Los Angeles, CA 90006 is 121,623 people.
    Who do I contact for questions about 932 South Berendo Street?
    You should contact the listing agent, Kevin Kawaoka, for any details regarding this commercial listing.

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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
    Price
    $1,950,000
    Listing Agent
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