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108 S Berendo St, Los Angeles, CA 90004
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108 S Berendo St Los Angeles, CA 90004

$1,440,000 Sold Price as of 01/04/2024
  • 6 Beds
  • 4 Baths
  • 4,128 Sq.Ft.
Sold
$1,440,000 Sold Price as of 01/04/2024 Refinance Your Mortgage
Map preview of 108 S Berendo St, Los Angeles, CA 90004

Property Overview: 108 S Berendo St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 4,128 living square feet and 8,670 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First time on the market in over 40 years! This is a rare opportunity to own a large 4 unit building (4,128SF), with washer/dryer in each unit! 3 units will be delivered vacant at closing! Additional parking and storage income possible with 11 assigned parking spaces and 4 storage units. There is also an opportunity to add ADU units on this large 8,668SF lot. Centrally located in prime Koreatown, the curb appeal speaks to the level of care that has gone into the upkeep of this property. This building features two 2bed+1ba units on the second floor and two spacious 1bed+1ba units on the first floor (approximately 1,000SF/ unit). All four units are bright, spacious and have washer and dryer inside unit. This building is in an ideal location with easy access to the 101 freeway, Downtown Los Angeles, and the vast array of shopping, dining and nightlife offered by the vibrant Koreatown neighborhood.

Listed by Susan Lau | BRE #01516710 | Coldwell Banker Realty
Last checked: 5 minutes ago | Last updated: July 4th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
8,670
HOA Dues
$0/mo
Year built
1922
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
23331607
City
Los Angeles
County
Los Angeles
Time on Site
235 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $2,850
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $822
  • Total Rent: $822
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.61
  • Gross Scheduled Income: --
  • Net Operating Income: $79,761
  • Gross Operating Income: $116,086
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 108 S Berendo St

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Carpet, Tile
  • Den, Living Room, Primary Bathroom
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Window Features: Blinds, Screens
  • Security Features: Window Bars, Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 11
  • Has Parking
  • Parking Features: Side by Side, Shared Driveway
Lot Information
  • Lot Features: Utilities - Overhead
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5518028021
  • Year Built Source: Assessor
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Between Normandie and Vermont, on S. Berendo St, South of 1st St.
View more facts & features

Local Los Angeles Agent

Sale History for 108 S Berendo St

Last leased for $2,500 on July 3rd, 2024

  • July, 2024

  • Jul 3, 2024

    Date

    Leased

    CRMLS: 24397778

    $2,500

    Price

  • May 30, 2024

    Date

    Active

    CRMLS: 24397778

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled. Spacious and quiet, Sunny, and Bright unit. The unit is a good size for the living room and dining area. New floor, New Kitchen, New Cabinet and countertop, stainless appliances, plenty of storage place. include parking space. Washer and Dryer hook up inside. End corner unit.Very convenient location. Easy access to the freeway, walk to the bus station, near Market, restaurant and shopping center, and more.

  • January, 2024

  • Jan 4, 2024

    Date

    Sold

    CRMLS: 23331607

    $1,440,000

    Price

  • Nov 15, 2023

    Date

    Active

    CRMLS: 23331607

    $1,450,000

    Price

  • November, 2014

  • Nov 5, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 108 S Berendo St

Assessed Value (2020): $198,264
Year Land Value Improved Value Assessed Value
2020 $130,041 $68,223 $198,264

Home Value Compared to the Market

This property vs the competition

108 S Berendo St sold on January 4, 2024 for 13.81% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $351.26 per/sqft which puts the price per square foot 55.59% lower than the current median sale per square foot for the city of Los Angeles.

About 108 S Berendo St

Detailed summary of property

108 S Berendo St is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 4,128 living square feet, and sits on an approximately 8,670 square foot lot. 108 S Berendo St was first listed on ArdentRealEstateGroup.com on November 16, 2023. The homeowner sold the property for $1,440,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 13.81% higher than the current median priced home. Local homes that are currently for sale include 408 N La Fayette Park Pl, 802 N Dillon St and 2352 W 3rd St. While the average home in Los Angeles, CA is selling in 102 days, 108 S Berendo St has a days on market of 14 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 108 S Berendo St Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 108 S Berendo St

Public county record property details
Beds
4
Baths
4
Year built
1922
Sq. Ft.
4,128
Lot Size
8,667
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
37
APN
5518-028-021

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$764
Median Sold Price
$2,215,000
Median Sold Price/Sq.Ft.
$919
Total Inventory
69
Median Sale to List Price %
110.81%
Avg Days on Market
24
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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