Property Detail
Description
6.02% in place cap rate and 10.47 GRM - NON RENT CONTROLLED ASSET! 14719 S Berendo Ave is a fully renovated and high cash-flowing 8 unit apartment building. Each unit features new floors, kitchens, bathrooms and fixtures. All major systems are in great condition. This is a perfect turn key asset for any buyer and will produce incredible cash flow. Berendo Ave has an ideal unit mix consisting of (7) 2Bed/1Bath and (1) brand new 1Bed/1Bath ADU. The brand new 649 sqft ADU has washer/dryer hookups and a/c splits. Beneficial to the new owner, RUBS is in place and there is a laundry room that produce an extra $875/month in income. The subject property is just minutes away from major employers and new developments such as SpaceX, Amazon Ring, Boeing, Hollywood Park and SoFi Stadium.
Map Location
Listing provided courtesy of Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.. Last updated 2024-11-25 09:11:28.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
Get Directions
858.252.0200
Inquire Now
Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
Interested in Pacific Beach property, specifically? Check out PacificBeach.RealEstate
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. © 2020 SDMLS ~ By contacting John Collins / Collins Coastal, you agree to receive customer service texts from this business. We will not send you messages without your consent and we will not sell your data. Providing your contact information is confirmation you agree to receive text messages and/or calls from John Collins / Collins Coastal, your phone provider may have fees for this service. Message frequency varies. You may reply STOP at any time to cancel or call us at 858.252.0200.
Powered By:
