11116 Berendo Avenue, Los Angeles, CA 90044

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Property Description

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.


Interior Features

Laundry Information
Location(s) Laundry Room
Bedroom Information
Bedrooms 17
Bathroom Information
Bathrooms 9
Interior Information
Cooling Type None

Listing Information

Address 11116 Berendo Avenue
City Los Angeles
State CA
Zip 90044
County Los Angeles
Listing Agent Jonathan Swire DRE #01336277
Courtesy Of The Agency
List Price $2,099,000
Status Active
Type Residential Income
Structure Size 7,683
Lot Size 8,991
Year Built 1959

Listing information courtesy of: Jonathan Swire, The Agency. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 6th, 2025 at 5:35 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.