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11513 Berendo, Los Angeles, CA 90044

Los Angeles
Local realty services provided by:CENTURY 21 Sierra Properties
11513 Berendo,Los Angeles, CA 90044
$1,595,000
  • 12 Beds
  • - Baths
  • 3,692 sq. ft.
  • Multi-family
  • Active
Listed by: brandon maghen, aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:CRSB26090535
Source:Bay East, CCAR, bridgeMLS

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 stabilizes the existing asset at a...

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Home facts

  • Year built:1950
  • Listing ID #:CRSB26090535
  • Added:1 day(s) ago
  • Updated:April 28, 2026 at 04:51 PM

Rooms and interior

  • Bedrooms:12
  • 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
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at April 28, 2026

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