Quadplex with Approved ADU
For Sale
Contact for pricing
11513 Berendo Avenue, Los Angeles, CA 90044
Four existing three-bedroom units include two vacancies and approved expansion plans.
Property SizeContact for details
Days on Market126
Property Features for 11513 Berendo Avenue
General Information
Standard status
Active
Class
C
Property subtype
Multifamily
Zoning
LC R3
Occupancy
50%
Investment Type
Value Add
Net Operating Income
$120,806
Building Details
Year Built
1955
Year Renovated
2015
Buildings
1
Stories
2
Units
12
Tenancy
Multi
Listing Agency:
Lyon Stahl Investment Real Estate
(310) 729-1559
Listed By:
Aaron Jacobson · License #02100737
Source:
Crexi
Added: Apr 27
Changed: Aug 30
Last Checked: Aug 30 at 7:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
Built in 1955, this quadplex contains four three-bedroom, two-bath units on an 11,492-square-foot lot. Two units are vacant, while the existing layout provides a four-unit multifamily configuration. Zoning is LC R3.
Approved plans provide for four additional townhome-style ADUs, each averaging approximately 1,200 square feet and offering three bedrooms and two baths. Completion would create an eight-unit property. The asset is in South Los Angeles with access to Downtown Los Angeles, USC, and major employment corridors.
The source projections indicate a 7.57% cap rate and 10.08 GRM based on the existing property after leasing the vacant units, with a projected 10.45% cap rate inclusive of ADU construction costs.
Approved plans provide for four additional townhome-style ADUs, each averaging approximately 1,200 square feet and offering three bedrooms and two baths. Completion would create an eight-unit property. The asset is in South Los Angeles with access to Downtown Los Angeles, USC, and major employment corridors.
The source projections indicate a 7.57% cap rate and 10.08 GRM based on the existing property after leasing the vacant units, with a projected 10.45% cap rate inclusive of ADU construction costs.
Key Highlights
- Four existing 3 Bed / 2 Bath units
- Two units delivered vacant
- Approved plans for 4 additional 3 Bed / 2 Bath townhome‑style ADUs
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Explore this area
Business Placement
Demographics for 90044, CA
94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four existing three-bedroom units include two vacancies and approved expansion plans.
Where is this quadplex located?
The property is located at 11513 Berendo Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Four existing 3 Bed / 2 Bath units; Two units delivered vacant; Approved plans for 4 additional 3 Bed / 2 Bath townhome‑style ADUs
