Active

11513 Berendo

Los Angeles, CA 90044
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Bed 0

Bed

Bath 0

Bath

SqFt3,692

Sqft

SqFt11,420

Sqft(Lot)

11513 Berendo Ave presents a rare opportunity to acquire a highyield, value-add multifamily asset with a clear path to a projected 10.45% cap rate upon completion. The property consists of (4) spacious 3 Bed / 2 Bath units, with two units delivered vacant—providing immediate upside through lease-up while development plans are executed. Situated on a large 11,492 SF lot, the offering includes fully approved plans for (4) additional 3 Bed / 2 Bath townhome-style ADUs averaging approximately 1,200 SF each. This allows an investor to significantly increase unit count and income, transforming the asset into an 8-unit property with strong economies of scale. Based on the approved ADU development and projected rents, the property is expected to achieve a 10.45% cap rate inclusive of c onstruction costs, making it a standout opportunity for investors seeking both yield and growth in today’s market. In the interim, simply leasing the remaining vacant units stabilizes the existing asset at a 7.57% cap rate and 10.08 GRM—providing strong in-place returns while the development upside is realized. Located in South Los Angeles, the property offers convenient access to Downtown Los Angeles, USC, and major employment corridors, supporting long-term rental demand and future appreciation.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,545,000

AD Id : 77772163

MLS Id : SB26090535

Lot Size : 11,420 Sqft

Living Area Size : 3,692

Year Built : 1950

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1950 Building Area Total: 3,692
  • Pool Features

    None

    Laundry Features

    Inside

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2622
  • Lot Size Source: Assessor Lot Size Square Feet: 11420

  • Listing Price Information

    Original List Price: 1,545,000 Listing Contract Date: 2026-04-27
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 6079019045

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C36 - Metropolitan Southwest Directions: Off Berendo and Imperial Source Property Type: Residential Income Area: C36 - Metropolitan Southwest Property SubType: Apartment
  • Building and Construction

    Property Age: 76 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Front
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Nearby Home Value

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5879 Bonsallo Avenue, Los Angeles, CA, 90044 $700,000 4 3 1,993 1,993 SqFt
5914 S Hoover, Los Angeles, CA, 90044 $1,100,000 -- -- 3,444 3,444 SqFt
666 W 62nd Street, Los Angeles, CA, 90044 $610,000 3 -- 1,497 1,497 SqFt
603 W 75th, Los Angeles, CA, 90044 $850,000 -- -- 3,108 3,108 SqFt
6804 S Hoover Street, Los Angeles, CA, 90044 $545,000 2 -- 1,200 1,200 SqFt
633 W 75th Street, Los Angeles, CA, 90044 $889,000 5 -- 1,800 1,800 SqFt
850 W Gage Avenue, Los Angeles, CA, 90044 $1,695,000 12 -- 4,813 4,813 SqFt
837 W 65th St, Los Angeles, CA, 90044 $700,000 -- -- --
854 W 64th Street, Los Angeles, CA, 90044 $615,000 2 1 975 975 SqFt
710 W 76th Street, Los Angeles, CA, 90044 $949,999 5 -- 2,864 2,864 SqFt

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ByOwner last updated this listing 06/18/2026 @ 19:48

MLS: SB26090535 LISTED BY: Brandon Maghen, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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