Remodeled 18-Unit Apartment
For Sale
Contact for pricing
11703 Berendo Ave, Los Angeles, CA 90044
18-unit apartment property with remodeled interiors and non-rent-controlled status in Los Angeles County.
Property SizeContact for details
Days on Market123
Property Features for 11703 Berendo Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
18
Listing Agency:
KW Commercial Calabasas
(818) 915-9118
Listed By:
Anie Mayelian · License #CA 00778825
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 2:18PM
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 KW Commercial Calabasas
Investment Insights
Based on property information with market context.
This 18-unit apartment building is being offered for sale with non-rent-controlled status. The owner reports that all units were remodeled a few years ago, including new cabinets, counters, fixtures, and flooring. Reported current rents total $12,900 below market rents based on the owner’s figures, with an additional pro forma plan referencing Section 8 rent levels for 1- and 2-bedroom unit types.
According to the provided remarks, the property is located in the County of Los Angeles and is not subject to the LA City Soft Story Retrofit. The owner also references the potential to implement RUBS for additional water bill savings.
The income references provided include $1,300 for 1-bedroom + 1-bath units and $1,650 for 2-bedroom + 1-bath units, along with a stated pro forma GRM of 11.9 in the seller’s projections.
According to the provided remarks, the property is located in the County of Los Angeles and is not subject to the LA City Soft Story Retrofit. The owner also references the potential to implement RUBS for additional water bill savings.
The income references provided include $1,300 for 1-bedroom + 1-bath units and $1,650 for 2-bedroom + 1-bath units, along with a stated pro forma GRM of 11.9 in the seller’s projections.
Key Highlights
- 18‑unit apartment property in Los Angeles County and not subject to LA City soft story retrofit
- Non‑rent‑controlled building with Section 8 rents of $1,650 for 2BR/1BA and $1,300 for 1BR/1BA
- Current rents are $12,900 below market rents; proforma GRM is 11.9
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
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?
Apartment building - 18-unit apartment property with remodeled interiors and non-rent-controlled status in Los Angeles County.
Where is this apartment building located?
The property is located at 11703 Berendo Ave Los Angeles, CA.
What are key features of this property?
This property features: 18‑unit apartment property in Los Angeles County and not subject to LA City soft story retrofit; Non‑rent‑controlled building with Section 8 rents of $1,650 for 2BR/1BA and $1,300 for 1BR/1BA; Current rents are $12,900 below market rents; proforma GRM is 11.9
