14719 S Berendo Avenue, Property Listing: MLS® #SB24234386

6.02% in place cap rate and 10.47 GRM - NON RENT CONTROLLED ASSET! 14719 S Berendo Ave is a fully renovated and high cash-flowing 8 unit apartment building. Each unit features new floors, kitchens, bathrooms and fixtures. All major systems are in great condition. This is a perfect turn key asset for any buyer and will produce incredible cash flow. Berendo Ave has an ideal unit mix consisting of (7) 2Bed/1Bath and (1) brand new 1Bed/1Bath ADU. The brand new 649 sqft ADU has washer/dryer hookups and a/c splits. Beneficial to the new owner, RUBS is in place and there is a laundry room that produce an extra $875/month in income. The subject property is just minutes away from major employers and new developments such as SpaceX, Amazon Ring, Boeing, Hollywood Park and SoFi Stadium.

14719 S Berendo Avenue, Property Listing: MLS® #SB24234386 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: SB24234386
  • 14719 S Berendo Avenue
  • , CA 90247
  • $2,200,000
  • 0.17 Acres
  • Office: Lyon Stahl Investment Real Estate, Inc.

6.02% in place cap rate and 10.47 GRM - NON RENT CONTROLLED ASSET! 14719 S Berendo Ave is a fully renovated and high cash-flowing 8 unit apartment building. Each unit features new floors, kitchens, bathrooms and fixtures. All major systems are in great condition. This is a perfect turn key asset for any buyer and will produce incredible cash flow. Berendo Ave has an ideal unit mix consisting of (7) 2Bed/1Bath and (1) brand new 1Bed/1Bath ADU. The brand new 649 sqft ADU has washer/dryer hookups and a/c splits. Beneficial to the new owner, RUBS is in place and there is a laundry room that produce an extra $875/month in income. The subject property is just minutes away from major employers and new developments such as SpaceX, Amazon Ring, Boeing, Hollywood Park and SoFi Stadium.

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Essential Information

  • MLS® #SB24234386
  • Listing Price$2,200,000
  • Original Listing Price$2,200,000
  • Date ListedNovember 14th, 2024
  • Days on Market6
  • Bathrooms0.00
  • Acres0.17
  • Lot Sq.Ft.7,503
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$147

Community Information

  • Address14719 S Berendo Avenue
  • AreaGARDENA (90247)
  • CountyLos Angeles
  • StateCA
  • Zip Code90247

Amenities

  • PoolN/K
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Listing information last updated on November 27th, 2024 at 1:38am PST.