USACALos Angeles11513 Berendo
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11513 Berendo, Los Angeles, CA

Condo

For Sale

Listed price in listed location currency (USD).
$1,595,000

0012

MLS® SB26090535

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1950
MLS® Number SB26090535

Property Address: 11513 Berendo, Los Angeles, CA, 90044

Average square foot calculated using Size range provided by listing agent.

Description

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 construction 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.
MLS® NumberSB26090535
Locker
Ensuite LaundryYes
Balcony
Furnished
Laundry LevelEnsuite
Exposure
Exterior
Garage
Approx. Age1950
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 27, 2026List Date
$1,595,000List Price
  • Commute

Commute

Starting Address
Destination Address
11513 Berendo, Los Angeles, CA

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