NOT LISTED FOR SALE

1027 N Berendo St Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $1,238,000 - $1,490,000

4 Beds
2 Baths
1,712 Sq Ft
$787/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $1,080,000 $631 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,232/month

75 Days on Market

Highlights

  • No HOA
  • 4-minute walk to Vermont/Santa Monica Station
  • 1-Story Property
  • STEM Academy at Bernstein High Rated A-

About This Home

As of March 2021

We are pleased to present for sale an RD1.5 development opportunity located in the heart of East Hollywood! The home is situated just steps away from the Vermont/Santa Monica METRO Red Line giving the property a TOC Tier 4 designation!! Parking is NOT required for Tier 4 projects! This home is also located within a qualified opportunity zone! (potential tax incentives for new construction-buyer to verify) Lot is approximately 6258 sqft, meaning a developer can build 4 units by right or up to 7 units utilizing the new TOC regulations. Home is located less than one mile from LA City College, only 2 miles from Hollywood and Griffith Park, and just 5 miles from USC, Downtown LA, and Glendale! Close to Silver Lake, Melrose, Metro Red Line, theaters, restaurants, and all amenities! Home is in excellent condition to collect high rents while going through the lengthy entitlement process! Buyer to verify all zoning and TOC regulations with LADBS. Excellent opportunity for developer or fourplex!

Last Agent to Sell the Property

Daniel Shamooelian

Keller Williams Beverly Hills License #01984269 Listed on: 02/19/2020

Keller Williams Beverly Hills

Last Buyer's Agent

Daniel Shamooelian

Keller Williams Beverly Hills License #01984269 Listed on: 02/19/2020

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,339

Year Built

  • Built in 1921

Lot Details

  • 6,258 Sq Ft Lot
  • Property is zoned LARD1.5

Interior Spaces

  • 1,712 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5538-020-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,339

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Unknown
  • Street Number Display: Yes
  • Living Area: 1712
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 642.52

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5538-020-004
  • Geocode Override: No
  • Lot Size Area: 6258

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
Apr 20, 2021
Sold by
Berendo Hollywood Llc
Bought by
Berendo Qozb Llc
Seller's Agent
Daniel Shamooelian
Keller Williams Beverly Hills
Buyer's Agent
Daniel Shamooelian
Keller Williams Beverly Hills
List Price
$1,100,000
Sold Price
$1,080,000
Premium/Discount to List
-$20,000
-1.82%
Total Days on Market
75
Current Estimated Value
$1,291,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,457
Avg. Annual Appreciation
5.12%

Purchase Details

Listed on
Feb 19, 2020
Closed on
Feb 1, 2021
Sold by
Choi Byung Woo and Choi Eun Ja
Bought by
Berendo Hollywood Llc
Seller's Agent
Daniel Shamooelian
Keller Williams Beverly Hills
Buyer's Agent
Daniel Shamooelian
Keller Williams Beverly Hills
List Price
$1,100,000
Sold Price
$1,080,000
Premium/Discount to List
-$20,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2017
Sold by
Choi Byung Woo
Bought by
Choi Byung Woo and Choi Eun Ja

Purchase Details

Closed on
Dec 10, 2007
Sold by
Choi Eun Ja
Bought by
Choi Byung Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2007
Sold by
Washington Mutual Bank
Bought by
Choi Byung Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2007
Sold by
Rabob Wilaiwan
Bought by
Washington Mutual Bank and Long Beach Mortgage Co

Purchase Details

Closed on
Jul 17, 2006
Sold by
Sitthiphap Supharat and Saepang Supaporn
Bought by
Rabob Wilaiwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
8.62%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 31, 2005
Sold by
Khatchikian Garabet G and Khatchikian Anna B
Bought by
Sitthiphap Supharat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.3%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Berendo Qozb Llc $1,637,500 Old Republic Title
Berendo Hollywood Llc $1,080,000 Old Republic Title Company
Choi Byung Woo -- None Available
Choi Byung Woo -- None Available
Choi Byung Woo -- Lsi Title
Choi Byung Woo $525,000 Lsi Title Company
Washington Mutual Bank $609,056 None Available
Rabob Wilaiwan $700,000 Financial Title Company
Sitthiphap Supharat $630,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berendo Qozb Llc $30,000,000
Previous Owner Berendo Hollywood Llc $648,000
Previous Owner Choi Byung Woo $423,349
Previous Owner Choi Byung Woo $417,000
Previous Owner Rabob Wilaiwan $560,000
Previous Owner Sitthiphap Supharat $500,000
Previous Owner Khatchikian Garabet G $200,000
Previous Owner Khatchikian Garabet G $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $1,080,000 0.0% $631 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/05/2020 04/05/20 Off Market $1,080,000 -- --
03/03/2020 03/03/20 For Sale $1,100,000 0.0% $643 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $1,100,000 -- $643 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,339 $1,192,837 $954,703 $238,134
2024 $14,339 $1,169,449 $935,984 $233,465
2023 $14,060 $1,146,520 $917,632 $228,888
2022 $13,404 $1,124,040 $899,640 $224,400
2021 $7,777 $637,071 $521,795 $115,276
2020 $7,854 $630,539 $516,445 $114,094
2019 $7,546 $618,176 $506,319 $111,857
2018 $7,433 $606,056 $496,392 $109,664
2016 $7,098 $582,523 $477,117 $105,406
2015 $6,995 $573,774 $469,951 $103,823
2014 $7,022 $562,536 $460,746 $101,790
Source: Public Records

Agents Affiliated with this Home

  • Daniel Shamooelian

    Seller's Agent in 2021

    Daniel Shamooelian

    Keller Williams Beverly Hills

    (310) 651-1800

    7 in this area

    43 Total Sales

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Map

Source: The MLS

MLS Number: 20-554740

The MLS

APN: 5538-020-004

California Los Angeles County Los Angeles 90029 East Hollywood

1027 N Berendo St, Los Angeles, CA

This home is located at 1027 N Berendo St, Los Angeles, CA 90029 since 19 February 2020 and is currently estimated at $1,346,798, approximately $786 per square foot. This property was built in 1921. 1027 N Berendo St is a home located in Los Angeles County with nearby schools including Ramona Elementary School, Thomas Starr King Middle School Film and Media Magnet, and STEM Academy at Bernstein High.

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