NOT LISTED FOR SALE

1038 S Berendo St Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,061,000 - $1,877,000

3 Beds
2.5 Baths
1,698 Sq Ft
$894/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $1,250,000 $736 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,676/month

50 Days on Market

Highlights

  • Detached Guest House
  • Spanish Architecture
  • No HOA
  • City Lights View
  • Ground Level Unit
  • Family Room

About This Home

As of September 2021

Location, Location Location! Amazing development opportunity for any investor! Center of Koreatown in Los Angeles and located in a commercial neighborhood with many establishments and a supermarket within walking distance. R4-1 Zoning and Opportunity Zone. Transit Oriented Communities (TOC) Tier 3 with a 70% unit increase chance. Property also has potential to be combined into 3 lots since 1046 S. Berendo property has just been listed on the market as well.

Last Agent to Sell the Property

Judy Jung Lee

Keller Williams Larchmont License #02015973 Listed on: 07/06/2021

Keller Williams Larchmont

Last Buyer's Agent

Kyungho Hwang

4B Advisors Inc. License #01877950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,044

Year Built

  • Built in 1910

Lot Details

  • 5,906 Sq Ft Lot
  • Lot Dimensions are 46x128
  • West Facing Home
  • Property is zoned LAR4

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,698 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Laminate Flooring
  • City Lights Views
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Automatic Gate

Additional Features

  • Detached Guest House
  • Ground Level Unit
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5078-011-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,044

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Ground Level
  • Street Number Display: Yes
  • Living Area: 1698
  • Lot Acreage: 0.1356
  • Lot Dimensions: 46x128
  • Stories: 1
  • Year Built: 1910
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Outside
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 795.05

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Security: Automatic Gate

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5078-011-016
  • Lot Size Area: 5906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Chung Soonkyo Llc
Bought by
Yoo Hyon K
Current Estimated Value
$1,518,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,800
Outstanding Balance
$908,662
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$630,327

Purchase Details

Listed on
Jul 6, 2021
Closed on
Sep 17, 2021
Sold by
Baek Kyong Ae
Bought by
1038 Berendo Llc
Seller's Agent
Judy Jung Lee
Keller Williams Larchmont
Buyer's Agent
Kyungho Hwang
4B Advisors Inc.
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%

Purchase Details

Listed on
Jul 6, 2021
Closed on
Sep 16, 2021
Sold by
1038 Berendo Llc
Bought by
Chung Soonkyo Llc
Seller's Agent
Judy Jung Lee
Keller Williams Larchmont
Buyer's Agent
Kyungho Hwang
4B Advisors Inc.
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%

Purchase Details

Closed on
Dec 12, 2019
Sold by
1038 Berendo Llc
Bought by
Baek Kyong Ae

Purchase Details

Closed on
Jan 3, 2018
Sold by
103 Colima Llc
Bought by
1038 Berendo Llc

Purchase Details

Closed on
Jan 10, 2017
Sold by
Duke City Venture Llc
Bought by
103 Colima Llc

Purchase Details

Listed on
Sep 30, 2016
Closed on
Oct 13, 2016
Sold by
Cooper Ricky C
Bought by
Cooper Laurene Ineter
Seller's Agent
Donya Morgan-Douglas
KELLER WILLIAMS COVINA
Buyer's Agent
Dehaven Leniger
Marc E Grossman, Broker
List Price
$529,000
Sold Price
$635,000
Premium/Discount to List
$106,000
20.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%

Purchase Details

Listed on
Sep 30, 2016
Closed on
Oct 11, 2016
Sold by
Collier Jacqueline Helen
Bought by
Duke City Venture Llc
Seller's Agent
Donya Morgan-Douglas
KELLER WILLIAMS COVINA
Buyer's Agent
Dehaven Leniger
Marc E Grossman, Broker
List Price
$529,000
Sold Price
$635,000
Premium/Discount to List
$106,000
20.04%

Purchase Details

Closed on
Jul 15, 2015
Sold by
Collier Jacqueline Helen
Bought by
Collier Jacqueline Helen and Cooper Laurene Ineter

Purchase Details

Closed on
Oct 13, 2004
Sold by
Gilbert Joellen
Bought by
Gilbert Joellen and Joellen Gilbert Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yoo Hyon K $1,500,000 Ticor Title
1038 Berendo Llc -- Provident Title Company
Chung Soonkyo Llc $1,250,000 Provident Title Company
Baek Kyong Ae -- Provident Title Company
Baek Kyong Ae -- Provident Title Company
1038 Berendo Llc $1,150,000 First American Title Company
103 Colima Llc $866,500 Chicago Title Company
Cooper Laurene Ineter -- Ticor Title Company Of Ca
Collier Jacqueline Helen -- Ticor Title Company Of Ca
Duke City Venture Llc $635,000 Ticor Title Company Of Ca
Collier Jacqueline Helen -- None Available
Gilbert Joellen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoo Hyon K $970,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $1,250,000 -7.4% $736 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $1,350,000 +112.6% $795 / Sq Ft
10/24/2016 10/24/16 Sold $635,000 +20.0% $374 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $529,000 -- $312 / 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 $19,044 $1,591,811 $1,273,449 $318,362
2024 $19,044 $1,560,600 $1,248,480 $312,120
2023 $18,677 $1,530,000 $1,224,000 $306,000
2022 $14,894 $1,250,000 $1,000,000 $250,000
2021 $15,151 $1,262,950 $1,010,360 $252,590
2020 $14,665 $1,196,459 $906,916 $289,543
2019 $14,081 $1,173,000 $889,134 $283,866
2018 $11,039 $903,924 $723,180 $180,744
2016 $675 $39,712 $26,899 $12,813
2015 $668 $39,116 $26,495 $12,621
2014 -- $38,350 $25,976 $12,374
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Judy Jung Lee

    Keller Williams Larchmont

    (213) 505-2404

    1 in this area

    7 Total Sales

    Judy Jung Lee
    Section Image
  • Kyungho Hwang

    Buyer's Agent in 2021

    Kyungho Hwang

    4B Advisors Inc.

    (323) 919-0888

    1 in this area

    4 Total Sales

    Kyungho Hwang
    Section Image
  • Donya Morgan-Douglas

    Seller's Agent in 2016

    Donya Morgan-Douglas

    KELLER WILLIAMS COVINA

    (323) 207-3078

    18 Total Sales

    Donya Morgan-Douglas
    Section Image

  • D

    Buyer's Agent in 2016

    Dehaven Leniger

    Marc E Grossman, Broker

    Section Image
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Map

Source: The MLS

MLS Number: 21-757224

The MLS

APN: 5078-011-016

California Los Angeles County Los Angeles 90006 Pico-Union

1038 S Berendo St, Los Angeles, CA

This home is located at 1038 S Berendo St, Los Angeles, CA 90006 since 06 July 2021 and is currently estimated at $1,518,358, approximately $894 per square foot. This property was built in 1910. 1038 S Berendo St is a home located in Los Angeles County with nearby schools including Leo Politi Elementary, Berendo Middle, and West Adams Preparatory High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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