11513 Berendo, Los Angeles, CA 90044

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
11513 Berendo,Los Angeles, CA 90044
$1,595,000
  • 12 Beds
  • 8 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: brandon maghen, aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:SB26090535
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,595,000

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 vacantproviding 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 todays market. In the interim, simply leasing the remaining vacant units stabilizes the existing asset at a 7.57%...

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Home facts

  • Listing ID #:SB26090535
  • Added:5 day(s) ago
  • Updated:May 03, 2026 at 02:41 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8

Finances and disclosures

  • Price:$1,595,000
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