NOT LISTED FOR SALE

1138 S Berendo St Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,608,000 - $1,625,000

9 Beds
6 Baths
2,293 Sq Ft
$704/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $1,526,500 $666 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,607/month

107 Days on Market

About This Home

As of August 2022

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)

Last Agent to Sell the Property

Kay Han

High Equity Real Estate Service, Inc. License #01479138 Listed on: 01/11/2022

Last Buyer's Agent

Ashia Suleman

VASTREE REAL ESTATE License #02019870

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,478

Year Built

  • Built in 1929

Lot Details

  • 6,218

Parking

  • Driveway

Home Design

  • 2,293 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Additional Features

  • Dishwasher
  • Gas Dryer Hookup
  • 6,218 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5078-026-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,478

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2293
  • Lot Acreage: 0.1427
  • Year Built: 1929
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 6.00
  • Equipment: Gas Dryer Hookup, Dishwasher
  • Price Per S Q F T: 697.78

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Air Conditioning, Wall/Window

Lot Info

  • Assessed Improvement Percent: 25.93
  • Assessed Improvement Value: 360698
  • Assessed Land Percent: 74.07
  • Assessed Land Value: 1030567
  • Total Assessed Value: 1391265
  • Assessor Parcel Number: 5078-026-020
  • Lot Size Area: 6218

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0.00
  • Type Of Units: 3unit
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Aug 8, 2022
Sold by
Zaveri Saika Mustak
Bought by
Zaveri Mohammed Yousuf
Seller's Agent
Kay Han
High Equity Real Estate Service, Inc.
Buyer's Agent
Ashia Suleman
VASTREE REAL ESTATE
List Price
$1,600,000
Sold Price
$1,526,500
Premium/Discount to List
-$73,500
-4.59%
Current Estimated Value
$1,641,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,500
Avg. Annual Appreciation
1.87%
Original Mortgage
$1,068,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2018
Sold by
Suh Andrew
Bought by
Lee Ho Sik and Lee Seung Ae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2014
Sold by
Kao Jennifer
Bought by
Suh Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2009
Sold by
Us Bank Na
Bought by
Kao Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,492
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2008
Sold by
Song Jae Myung
Bought by
Us Bank Na and Mastr Asset Backed Securities Trust 2005

Purchase Details

Closed on
Jun 4, 2008
Sold by
Song Jae Myung
Bought by
Kim Soon Ja and Kim Jeffrey

Purchase Details

Closed on
Mar 17, 2008
Sold by
Song Jae Myung
Bought by
Lim Mi Jung and Cho Inbong

Purchase Details

Closed on
Mar 4, 2004
Sold by
Song Jae Myung
Bought by
Song Jae Myung and Kim Jane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
Min Ho Chang
Bought by
Song Jae Myung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2002
Sold by
Ogario Emilia V and Estate Of Odon G Ogario
Bought by
Min Ho Chang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving
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
Zaveri Mohammed Yousuf -- Pacific Coast Title
Lee Ho Sik $1,350,000 Chicago Title Co
Suh Andrew -- Accommodation
Kao Jennifer $385,000 Fidelity Natl Title Ins Co
Us Bank Na $439,655 None Available
Kim Soon Ja -- None Available
Lim Mi Jung -- None Available
Song Jae Myung -- --
Song Jae Myung $370,000 Ticor Title Co Glendale
Min Ho Chang $225,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaveri Mohammed Yousuf $1,075,000
Closed Zaveri Mohammed Yousuf $1,068,000
Previous Owner Lee Ho Sik $156,900
Previous Owner Lee Ho Sik $665,000
Previous Owner Lee Ho Sik $150,000
Previous Owner Suh Andrew $355,000
Previous Owner Kao Jennifer $377,492
Previous Owner Song Jae Myung $274,500
Previous Owner Song Jae Myung $20,000
Previous Owner Song Jae Myung $500,000
Previous Owner Song Jae Myung $406,000
Previous Owner Song Jae Myung $333,000
Previous Owner Min Ho Chang $62,000
Previous Owner Min Ho Chang $253,000
Previous Owner Min Ho Chang $45,000
Previous Owner Min Ho Chang $202,500
Previous Owner Edwards Jon $8,500
Closed Zaveri Mohammed Yousuf $970,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $1,526,500 -4.6% $666 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $1,600,000 -- $698 / 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 $19,478 $1,588,170 $1,380,090 $208,080
2024 $19,478 $1,557,030 $1,353,030 $204,000
2023 $19,111 $1,526,500 $1,326,500 $200,000
2022 $17,340 $1,419,089 $1,051,178 $367,911
2021 $17,130 $1,391,265 $1,030,567 $360,698
2020 $17,314 $1,377,000 $1,020,000 $357,000
2019 $16,641 $1,350,000 $1,000,000 $350,000
2018 $5,897 $436,760 $397,057 $39,703
2016 $5,596 $419,802 $381,640 $38,162
2015 $5,522 $413,497 $375,908 $37,589
2014 $5,559 $405,398 $368,545 $36,853
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kay Han

    High Equity Real Estate Service, Inc.

    (213) 458-9999

    6 in this area

    21 Total Sales

    Section Image

  • A

    Buyer's Agent in 2022

    Ashia Suleman

    VASTREE REAL ESTATE

    (818) 481-1555

    2 in this area

    8 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 22-117835

The MLS

APN: 5078-026-020

California Los Angeles County Los Angeles 90006 Pico-Union

1138 S Berendo St, Los Angeles, CA

This home is located at 1138 S Berendo St, Los Angeles, CA 90006 since 11 January 2022 and is currently estimated at $1,613,667, approximately $703 per square foot. This property was built in 1929. 1138 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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