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1138 S Berendo St, Los Angeles, CA 90006
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1138 S Berendo St Los Angeles, CA 90006

$1,526,500 Sold Price as of 08/17/2022
  • 16 Beds
  • 11 Baths
  • 2,293 Sq.Ft.
Sold
$1,526,500 Sold Price as of 08/17/2022 Refinance Your Mortgage
Map preview of 1138 S Berendo St, Los Angeles, CA 90006

Property Overview: 1138 S Berendo St Los Angeles, CA has 16 bedrooms, 11 bathrooms, 2,293 living square feet and 6,218 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: One block south of Olympic Blvd. this subject property is on LAR4-1zoning area within the Opportunity Zone. The property is being sold together with 1134 S. Berendo and will NOT BE SOLD separately. These two combine properties sit on lot size of 12,425 sq.ft. Opportunity for future development of 55 unit apartments for developer with financial incentives. Location, Location, Location, with 94 walk score, close to shopping, restaurants, school, and entertainment. Don' t miss out.( Each lot is 1.6 Million)

Listed by Kay Han | BRE #01479138 | Masters Realty & Investment
Last checked: 11 minutes ago | Last updated: August 18th, 2022 | Source CRMLS | DOM: 107

Home details

Lot Sq. Ft
6,218
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22117835
City
Los Angeles
County
Los Angeles
Time on Site
857 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1138 S Berendo St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Kitchen Information
  • Has Appliances
  • Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 5078026020
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of Olympic & North of Pico
View more facts & features

Local Los Angeles Agent

Sale History for 1138 S Berendo St

Last sold for $1,526,500 on August 17th, 2022

  • August, 2022

  • Aug 17, 2022

    Date

    Sold

    CRMLS: 22117835

    $1,526,500

    Price

  • Jan 11, 2022

    Date

    Active

    CRMLS: 22117835

    $1,600,000

    Price

  • September, 2021

  • Sep 14, 2021

    Date

    Active

    CRMLS: 21783460

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    55 Unit Development opportunity located in the heart of Koreatown. This site is zoned R4-1 and just one block south of Olympic Blvd. Subject property is being sold together with 1134 S. Berendo for a total of $3.2M. Will Not be sold separately. Both combined lot size is 12,425 sq. ft. Located in a popular and dense rental market of K-town with a walk score of 94. The subject property is in an opportunity zone with TOC Tier 3 density. Very close to shopping, restaurants, and entertainment.

  • September, 2021

  • Sep 14, 2021

    Date

    Active

    CRMLS: 21783434

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    55 Unit Development opportunity located in the heart of Koreatown. This site is zoned R4-1 and just one block south of Olympic Blvd. Subject property is being sold together with 1134 S. Berendo for a total of $3.2M. Will Not be sold separately. Both combined lot size is 12,425 sq. ft. Located in a popular and dense rental market of K-town with a walk score of 94. The subject property in an opportunity zone with TOC Tier 3 density. Very close to shopping, restaurants, and entertainment.

  • August, 2021

  • Aug 1, 2021

    Date

    Expired

    CRMLS: 21727776

    $1,590,000

    Price

  • Jul 13, 2021

    Date

    Hold

    CRMLS: 21727776

    $1,590,000

    Price

  • May 22, 2021

    Date

    Price Change

    CRMLS: 21727776

    $1,590,000

    Price

  • May 8, 2021

    Date

    Price Change

    CRMLS: 21727776

    $1,639,000

    Price

  • May 5, 2021

    Date

    Active

    CRMLS: 21727776

    $1,649,000

    Price

  • Listing provided courtesy of CRMLS

    *Price Reduction* Investor, Builder, Developer's Dream. Unique Double Lot Assemblage. Bring all offers. 1138 S Berendo to be sold together with 1134 S Berendo at Close of Escrow. Both on the market for total price of $3,190,000 now. 12,425 SF, R4-1 Land. TOC 3, Opportunity Zone, 1031 Exchange and/or Development Opportunity. Renderings, Project Analysis and Schematics available. Able to build 55 units and 42 spaces parking by right with TOC allowance. 1134 S Berendo to be delivered vacant at Close of Escrow. 1138 S Berendo St will be delivered with 2 units vacant. Rent Roll and Expenses Report available upon request.

  • September, 2018

  • Sep 5, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,350,000

    Price

  • July, 2014

  • Jul 14, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1138 S Berendo St

Assessed Value (2020): $1,377,000
Year Land Value Improved Value Assessed Value
2020 $1,020,000 $357,000 $1,377,000

Home Value Compared to the Market

This property vs the competition

1138 S Berendo St sold on August 17, 2022 for 34.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $697.78 per/sqft which puts the price per square foot 7.58% lower than the current median sale per square foot for the city of Los Angeles.

About 1138 S Berendo St

Detailed summary of property

1138 S Berendo St is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 16 bedrooms, 11 bathrooms, roughly 2,293 living square feet, and sits on an approximately 6,218 square foot lot. 1138 S Berendo St was first listed on ArdentRealEstateGroup.com on January 12, 2022. The homeowner sold the property for $1,526,500. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.45% higher than the current median priced home. Local homes that are currently for sale include 1136 Arapahoe St, 1144 S Kingsley Dr and 2300 W 12th St. While the average home in Los Angeles, CA is selling in 92 days, 1138 S Berendo St has a days on market of 107 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1138 S Berendo St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1138 S Berendo St

Public county record property details
Beds
5
Baths
3
Year built
1929
Sq. Ft.
2,293
Lot Size
6,215
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5078-026-020

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$602
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
38
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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