1245 S Berendo St Los Angeles, CA 90006

$779,000 Sold Price as of 03/23/2018

3 Beds
6 Baths
2,936 Sq.Ft.

Off Market

$779,000 Sold Price as of 03/23/2018 Refinance Your Mortgage

Map preview of 1245 S Berendo St, Los Angeles, CA 90006

Property Overview: 1245 S Berendo St Los Angeles, CA has 3 bedrooms, 6 bathrooms, 2,936 living square feet and 5,899 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1245 S Berendo St 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 1245 S Berendo St

Last sold for $779,000 on March 23rd, 2018

August, 2021
Aug 18, 2021

Date

Expired

CRMLS: 21733148

$1,190,000

Price
Aug 17, 2021

Date

Hold

CRMLS: 21733148

$1,190,000

Price
May 20, 2021

Date

Active

CRMLS: 21733148

$1,190,000

Price
Listing provided courtesy of CRMLS

Great value add property is located between Koreatown and Pico-Union. Long-term tenants are paying on-time rent. The property has been well maintaining. Good for investment due to LAR3 zoning. TOC TIER 3 and OPPORTUNITY ZONE. Great opportunity to own an investment property with potential development.

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March, 2021
Mar 31, 2021

Date

Canceled

CRMLS: 20648888

$1,150,000

Price
Oct 20, 2020

Date

Active

CRMLS: 20648888

$1,150,000

Price
Listing provided courtesy of CRMLS

Two separate buildings with total of 2936 sf of living space sitting on 5988 lot. Property fully occupied located in the K-Town area value add opportunity. Front building has 2 units both 2bed/1bath and back building has 2 units both 1bed/1bath.

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March, 2018
Mar 24, 2018

Date

Sold

CRMLS: 18310992

$779,000

Price
Feb 23, 2018

Date

Pending

CRMLS: 18310992

$819,000

Price
Feb 7, 2018

Date

Active

CRMLS: 18310992

$819,000

Price
Listing provided courtesy of CRMLS

4 unit (two buildings) Multi residential Income Property fully occupied located in the K-Town area VALUE ADD OPPORTUNITY!!! Total of 2,936 sqft. Front building has 2 units both two bedrooms each total of 2,072 sqft, and back building has 2 units 1 bedroom each total of 864 sqft. This is an ideal property for investors featuring the front building with 2 large units and the rear house has 2 ground level units. This property has lots of character and is located in a high rental demand area. Centrally located walking neighborhood, near the Wilshire and Olympic Park areas, Koreatown, LA Live, Mid City area, and minutes from USC Exposition Park areasKoreatown, and Metroline Transit Station.

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March, 2018
Mar 23, 2018

Date

Sold (Public Records)

Public Records

$779,000

Price
November, 2009
Nov 20, 2009

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1245 S Berendo St

Assessed Value (2020): $810,471

Year	Land Value	Improved Value	Assessed Value
2020	$602,391	$208,080	$810,471

About 1245 S Berendo St

Detailed summary of property

1245 S Berendo St is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90006 and last sold on March 23, 2018 for $779,000. This property has 3 bedrooms, 6 bathrooms, roughly 2,936 living square feet, and sits on an approximately 5,899 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 30.45% lower than the current median priced home. 1245 S Berendo St was last sold on March 23, 2018 for $779,000. Local nearby listings include 991 Arapahoe St #305A, 1133 S Hoover St #417 and 1042 S Kingsley Dr #101. 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 1245 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 1245 S Berendo St

Public county record property details

Beds: 3
Baths: 6
Year built: 1912
Sq. Ft.: 2,936
Lot Size: 5,899
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10
APN: 5078-030-011

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.

$598

Median Sold Price

$760,000

Median Sold Price/Sq.Ft.

$597

Total Inventory

Median Sale to List Price %

87.46%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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(714) 706-1823

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