Los Angeles, CA 90044,11116 Berendo AVE
Los Angeles, CA 90044,11116 Berendo AVE
Los Angeles, CA 90044,11116 Berendo AVE
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Willlie & Laurelle Wilson

Willlie & Laurelle Wilson

+1(760) 889-2800
$1,995,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,683 sqft

Price per Sqft $259

MLS Listing ID 25476913

Bedrooms 17

HOA Y/N No

Year Built 1959

Lot Size 8,990 Sqft

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 C36 - Metropolitan Southwest

Zoning LCR320U*

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Covered

Total Parking Spaces 12

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6076022015

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Jonathan Swire • The Agency

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agent

Willlie & Laurelle Wilson

+1(760) 889-2800

Broker | CA BRE #017481127

Broker CA BRE #017481127

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