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12003 Berendo Ave
Los Angeles, CA 90044 West Athens

$1,250,000 USD

Apartments For Sale  •  4,901 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,901 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1963
  • Zoning R320U, County
80 Transit Score
50 Walk Score

Highlights

There is approximately 14% rental upside remaining, capturable through ordinary turnover.
The property is offered at an 8.47 GRM on scheduled income, below the average of the recent comparable sales in the surrounding submarket.
Vermont/Athens Station sits a half-mile north, where the C Line meets the planned southern end of Metro's 12.4-mile Vermont Transit Corridor BRT.
The 105 Freeway runs just north of the property, with the 110 roughly a mile east and direct westbound access to the South Bay and LAX.
Martin Luther King, Jr. Community Hospital sits about three miles due east along 120th Street, and LAX is about six miles west via the 105.
The property offers six two-bedroom units and one three-bedroom unit.

Public Transportation

Transit/SubwayDriveWalkDistance
Vermont Station (Green Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 9 min 0.5 mi
AirportDriveWalkDistance
Los Angeles International 14 min - 8.9 mi
Long Beach (Daugherty Field) 20 min - 13.7 mi
Bob Hope 36 min - 27.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Sean Rosenzweig 213-943-1897 Marcus & Millichap
Sean Rosenzweig 213-943-1897 Marcus & Millichap