11116 Berendo Ave new

Los Angeles,CA 90044

$ 2099000

17 Beds

9 Baths

7683 SqFt


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 $273

MLS Listing ID 25-476913

Bedrooms 17

Year Built 1959

Lot Size 8,991 Sqft

Acres 0.2064

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.

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

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