11116 Berendo Avenue

Los Angeles, CA 90044

$2,099,000

List Price

17

bed Beds

9

shower Baths

7,683 sqft

straighten / sqft

1959

calendar_month Built

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.

Listing Information

List Price $2,099,000
Status Active
MLS 25476913
Type Residential Income
Year Built 1959
Lot Size 8,991
Structure Size 7,683
Courtesy Of The Agency
Listing Agent Jonathan Swire DRE#01336277

Interior Features

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

Exterior Information

Maps

Listing information courtesy of: Jonathan Swire, The Agency 310-948-2631. *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.