11513 Berendo, Los Angeles, CA 90044

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
11513 Berendo,Los Angeles, CA 90044
$1,595,000
  • - Beds
  • - Baths
  • 3,692 sq. ft.
  • Multi-family
  • Active
Listed by: brandon maghen, aaron jacobson
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26090535
Source:CRMLS

Price summary

  • Price:$1,595,000
  • Price per sq. ft.:$432.02

About this home

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...

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Home facts

  • Year built:1950
  • Listing ID #:SB26090535
  • Added:1 day(s) ago
  • Updated:April 27, 2026 at 06:26 PM

Rooms and interior

  • Living area:3,692 sq. ft.

Structure and exterior

  • Year built:1950
  • Building area:3,692 sq. ft.
  • Lot area:0.26 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,595,000
  • Price per sq. ft.:$432.02

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:12
Based on information from California Regional Multiple Listing Service, Inc. as of April 27, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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