9 units located in South Los Angeles subject to Rent Control. Priced at 10.1 GRM and a 6.0% CAP with rental uspide to a 6.5% CAP. Good unit mix for the area. NO Section 8 tenants. Onsite laundry room. Property features 3 tandem carport parking spaces in the front and another 6 private garages in the rear. 12 parking total. Per Cal Quake, there is an opportunity to add additional ADU units – 1 in the front and 2 in the rear. Buyer to verify. The property’s interior and exterior has been well maintained and Professionally Managed. All units have been updated with new paint, fixtures and flooring when turned, and units 1 & 8 have new kitchens as well. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND ACTUAL EXPENSES.
Property Details
Price:
$2,099,000
MLS #:
25476913
Status:
Active
Baths:
0
Address:
11116 Berendo Avenue
Type:
Residential Income
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Jan 6, 2025
State:
CA
ZIP:
90044
Lot Size:
8,991 sqft / 0.21 acres (approx)
Year Built:
1959
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Covered
Parking Spots
12.00
Financial
Map
Community
- Address11116 Berendo Avenue Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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Courtesy of The Agency. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
11116 Berendo Avenue
Los Angeles, CA
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