11116 Berendo Avenue, Los Angeles, CA 90044 - Berkshire Hathaway HomeServices California Properties

11116 Berendo Avenue, Los Angeles, CA 90044

$1,995,000 Approx. USD 17 beds, 9 baths
7,683 sqft

Listing Agent


Jonathan Swire | jon@jonswire.com
Lic#: 01336277
Broker: Courtesy of The Agency

Agent Remarks

$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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25476913
List price is $1,995,000 Reduced by $54,000 on 2/6/2025
Price: $1,995,000
Beds: 17
Baths: 9
Built in 1959
7,683 sqft
2 stories
0.21 acres
Lot size: 0.2064
County: Los Angeles
Zoning: LCR320U*
Parking description: Covered
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C36 - Metropolitan Southwest

Last Updated: 4/23/2025

 Days On Market (DOM): 125

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This listing belongs to the C36 - Metropolitan Southwest MLS area

Lat/Long: 33.934006, -118.293946.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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