12003 Berendo Avenue, Los Angeles, CA 90044
Property · 2 recorded sales since 2013
Sold June 2018
Listing Agent: Anie Mayelian (DRE #00778825) · Listing Office: Keller Williams Encino-Sherman · Contact: 818-380-5100 · Bought with: Anie Mayelian · Keller Williams Encino-Sherman · MLS #SR18076391 · Source: CRMLS
About this property
Non-rent controlled 7 unit apartment building in the county strip of LA. Actual gross income $112,836. Actual GRM 11.78 and actual Cap 5.2%. Rents are below market with 23% upside in rents. Excellent 2 story building in West Athens area. Consists of (one ) 3 bedrooms/1 bath apartment and (six) 2 bedrooms/ 1 bath apartments. Separately metered for gas & electric. 18 onsite parking spaces. The property is approximately 4900 sq. ft, built in 1963 and is set on a 7,631 sq. ft. (per assessor) lot. The units have varying floor plans and amenities. Located in the West Athens area of Los Angeles situated in an unincorporated community within Los Angeles county. Located less than 2 miles from Los Angeles Southwest College, Chester Washington Golf Course, and the Crenshaw Imperial Plaza Shopping Center. Since it's LA county and not LA city, property is not subject to soft story retrofit. Using the RUBS Program will help new buyer to transfer the cost of water bill to tenants for additional savings of $350/month.
Listing description from the June 2018 sale, as reported to CRMLS.
Sale history
