Los Angeles, CA 90044,11116 Berendo Ave
Los Angeles, CA 90044,11116 Berendo Ave
Los Angeles, CA 90044,11116 Berendo Ave
13
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$1,995,000
Est. payment /mo
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17 Beds
9 Baths
7,683 SqFt
Price Dropped by $54K

11116 Berendo Ave Los Angeles, CA 90044

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,683 sqft

Price per Sqft $259

MLS Listing ID 25-476913

Bedrooms 17

Year Built 1959

Lot Size 8,991 Sqft

Acres 0.2064

Property Sub-Type Multi-Family

Property Description

$100K PRICE REDUCTION - PRICED TO SELL. UNDER 10 GRM ON ACTUAL RENTS. 9 units located in South Los Angeles subject to Rent Control. Priced at 9.6 GRM and a 6.4% CAP with rental uspide to a 6.9% 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.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LCR320U*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Laundry Room

Exterior

Parking Features Covered Parking

Garage Spaces 12.0

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by The Agency

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agent

INA MEDINA

BROKER - SALESPERSON | RE.BS.0146850

+1(702) 927-0612

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11116 Berendo Ave