951 S Berendo St | Los Angeles CA 90006

951-953 S Berendo St is a 13-unit apartment building in prime Koreatown, just 4 miles from Downtown LA, boasting a 94 Walk Score and strong rental demand. Priced at $1,700,000, the property offers a current 3.93% cap rate with significant upside to 7.58% through a 54% rental growth potential. With low vacancy and high rent growth trends in the submarket, this asset presents a compelling value-add investment opportunity.