11703 Berendo Avenue Los Angeles, CA 90044
Upside in rents of $19,500. Non rent controlled located in West Athens the unincorporated area of LA county. Actual cap of 5.4% and GRM of 12.83. Plus an investor should implement RUBS to transfer the cost of the water bill to tenants which will result in savings of $900 a month since the property is not rent controlled. Per owner all the units have been remodeled few years ago with new cabinets, counters, fixtures and flooring. Excellent unit mix of (eight) 2 bedrooms/1 baths, (Nine) 1 bedrooms/1 baths and (one) single/1 bath.Bread and butter building. Property is in County of Los Angeles not subject to LA City Soft Story Retrofit., Directions S Vermont Avenue and 120th Street
Interior Features Include:
Source Wall Heater
Floor Type: Laminate
Exterior Features Include:
Fence Fair Condition
Acreage: 0.2900 Acres
Description Corner Lot, Paved
Square Feet 12681
Other Features Include:
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