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We are pleased to offer for sale 12003 Berendo Avenue, a seven-unit apartment community located in the West Athens neighborhood of Los Angeles, one block west of Vermont Avenue at 120th Street.Built in 1963, the property comprises 4,901 square feet of improvements on a 7,828-square-foot parcel, with a unit mix of six two-bedroom units and one three-bedroom unit. There is approximately 14% rental upside remaining, capturable through ordinary turnover. The offering is priced 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 Metro C Line meets the southern terminus of the planned Vermont Transit Corridor a 12.4-mile bus rapid transit line Metro approved in 2025 to run the length of Vermont Avenue into Hollywood. The 105 Freeway runs just north of the property, reaching LAX in about six miles and the 110 in one, while Martin Luther King, Jr. Community Hospital anchors employment three miles due east along 120th Street.12003 Berendo Avenue offers investors an opportunity to acquire a value-add asset in one of the better-connected transit pockets of South Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
Property Type(s):
Residential Income
| Last Updated | 9/2/2026 | Year Built | 1963 |
|---|---|---|---|
| Community | C36 - Metropolitan Southwest | County | Los Angeles |
Additional Details
| AREA | C36 - Metropolitan Southwest |
|---|---|
| LOT | 7828 sq ft |
| LOT DIMENSIONS | 7828 |
| PARKING | Covered |
| STORIES | 2 |
Location
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Listed with Marcus & Millichap
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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