11116 Berendo Ave Los Angeles, CA 90044

$1,340,000 Sold Price as of 12/15/2015

17 Beds
9 Baths
7,683 Sq.Ft.

Off Market

$1,340,000 Sold Price as of 12/15/2015 Refinance Your Mortgage

Map preview of 11116 Berendo Ave, Los Angeles, CA 90044

Property Overview: 11116 Berendo Ave Los Angeles, CA has 17 bedrooms, 9 bathrooms, 7,683 living square feet and 8,988 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

11116 Berendo Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 11116 Berendo Ave

Last sold for $1,340,000 on December 15th, 2015

July, 2022
Jul 1, 2022

Date

Expired

CRMLS: 22158761

$2,125,000

Price
May 18, 2022

Date

Active

CRMLS: 22158761

$2,125,000

Price
Listing provided courtesy of CRMLS

BEST PRICED DEAL IN LOS ANGELES. 11.3x GRM AND 5.7% CAP against in place rents. EARN OVER 9% CASH ON CASH AGAINST IN PLACE RENTS. 9 units located in South Los Angeles subject to Rent Control. Good unit mix for the area with rental upside to a 7.2% CAP. NO Section 8 tenants. Onsite laundry room. Property features 3 tandem carport parking spaces in the front and another 6 private garages in the rear. 12 parking total. Property features 3 tandem carport parking spaces in the front and another 6 private garages in the rear. 12 parking total. Per Cal Quake, there is an opportunity to add additional ADU units - 1 in the front and 2 in the rear (Projected cost of $350K with $42K in additional rental income). Buyer to verify. Put 30% down (Qualified Buyers) and earn over a 9% Cash on Cash return against in place income. New landscaping and exterior paint. CONTACT LA1 FOR MORE INFORMATION AND A RENT ROLL.

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May, 2022
May 19, 2022

Date

Canceled

CRMLS: 22136323

$2,125,000

Price
Mar 14, 2022

Date

Active

CRMLS: 22136323

$2,529,000

Price
Listing provided courtesy of CRMLS

$175K PRICE REDUCTION. BEST PRICED DEAL IN LOS ANGELES. 11.3x GRM AND 5.7% CAP against in place rents. EARN OVER 9% CASH ON CASH AGAINST IN PLACE RENTS. 9 units located in South Los Angeles subject to Rent Control. Good unit mix for the area with rental upside to a 7.2% CAP. NO Section 8 tenants. Onsite laundry room. Property features 3 tandem carport parking spaces in the front and another 6 private garages in the rear. 12 parking total. Property features 3 tandem carport parking spaces in the front and another 6 private garages in the rear. 12 parking total. Per Cal Quake, there is an opportunity to add additional ADU units - 1 in the front and 2 in the rear. Buyer to verify. Put 30% down (Qualified Buyers) and earn over a 9% Cash on Cash return against in place income. New landscaping and exterior paint. CONTACT LA1 FOR MORE INFORMATION AND A RENT ROLL.

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December, 2015
Dec 15, 2015

Date

Sold (Public Records)

Public Records

$1,340,000

Price
December, 2013
Dec 3, 2013

Date

Sold (Public Records)

Public Records

$990,009

Price

Tax History for 11116 Berendo Ave

Assessed Value (2020): $1,450,458

Year	Land Value	Improved Value	Assessed Value
2020	$1,082,432	$368,026	$1,450,458

About 11116 Berendo Ave

Detailed summary of property

11116 Berendo Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90044 and last sold on December 15, 2015 for $1,340,000. This property has 17 bedrooms, 9 bathrooms, roughly 7,683 living square feet, and sits on an approximately 8,988 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 19.64% higher than the current median priced home. 11116 Berendo Ave was last sold on December 15, 2015 for $1,340,000. Local nearby listings include 610 W 107th St, 1455 W 105th St and 621 W W 105Th St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 11116 Berendo Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11116 Berendo Ave

Public county record property details

Beds: 17
Baths: 9
Year built: 1959
Sq. Ft.: 7,683
Lot Size: 8,988
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 26
APN: 6076-022-015

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$650,000

Median List Price/Sq.Ft.

$515

Median Sold Price

$717,000

Median Sold Price/Sq.Ft.

$513

Total Inventory

Median Sale to List Price %

102.58%

Avg Days on Market

Loan Type

Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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(714) 706-1823

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