NOT LISTED FOR SALE

137 N Berendo St Los Angeles, CA 90004

Koreatown Neighborhood

Estimated Value: $1,577,902 - $1,856,000

4 Beds
2 Baths
3,024 Sq Ft
$559/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $1,475,000 $488 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,754/month

15 Days on Market

About This Home

As of August 2022

We are pleased to present the opportunity to acquire this incredible development opportunity, located in the East Hollywood/Koreatown submarket. The site offers a zoning ordinance of LAR3, which allows for the construction of 9 units by right and 17 units using TOC Tier 3 Density Bonus. The property features a premier location, walking distance to numerous amenities, restaurants and employment centers and within close proximity to some of the biggest names in the entertainment industry such as Netflix, Sunset Gower Studios, Paramount Studios, Viacom, and NBC Universal. Central location between Hancock Park, Koreatown, East Hollywood, and Silver Lake makes this an ideal investment for developers looking for top of the market rents. There is a single family residence currently on the lot that is owner occupied and will be delivered vacant at the close of escrow.

Last Agent to Sell the Property

Adam Shamooelian

Keller Williams Beverly Hills License #02116849 Listed on: 05/24/2022

Keller Williams Beverly Hills

Last Buyer's Agent

Paul Yoo

Keller Williams Larchmont License #01274972

Keller Williams Larchmont

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,475

Year Built

  • Built in 1921

Lot Details

  • 7,799 Sq Ft Lot
  • Lot Dimensions are 50x155
  • Property is zoned LAR3

Parking

  • 2 Parking Spaces

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5518-024-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,475

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 3024
  • Lot Acreage: 0.1790
  • Lot Dimensions: 50x155
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 6
  • 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: 471.23

Exterior Features

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

Garage/Parking

  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5518-024-017
  • Lot Size Area: 7799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Aug 11, 2022
Sold by
Amy Chung
Bought by
An Grace
Seller's Agent
Adam Shamooelian
Keller Williams Beverly Hills
Buyer's Agent
Paul Yoo
Keller Williams Larchmont
List Price
$1,425,000
Sold Price
$1,475,000
Premium/Discount to List
$50,000
3.51%
Current Estimated Value
$1,690,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,976
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Nov 27, 2019
Sold by
Yang Kevin K and Yang Amy
Bought by
Yang Amy

Purchase Details

Closed on
Dec 19, 2016
Sold by
Yang Ki Chul
Bought by
Yang Kevin K and Yang Amy

Purchase Details

Closed on
Jun 14, 2006
Sold by
Kim Hee Sook and Yang Ki Chul
Bought by
Yang Ki Chul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Chong Su Pom and Chong Mi Cha
Bought by
Kim Hee Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2003
Sold by
Chong Su Pom
Bought by
Chong Su Pom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2002
Sold by
Chong Su Pom and Chong Mi Cha
Bought by
Chong Su Pom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
5.96%

Purchase Details

Closed on
Aug 6, 1997
Sold by
Ji Tae Joong and Ji Christine H
Bought by
Chong Su Pom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,400
Interest Rate
7.57%

Purchase Details

Closed on
Jul 19, 1995
Sold by
Kim Jong Tae and Kim Tae Soon
Bought by
Ji Tae Joong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.5%

Purchase Details

Closed on
Nov 28, 1994
Sold by
Dean Robert Kost and The A Thiemrodt Trust
Bought by
Kim Jong Tae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.29%

Purchase Details

Closed on
Mar 11, 1994
Sold by
Thiemrodt Anita
Bought by
Thiemrodt Anita
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
An Grace $1,475,000 New Title Company Name
Yang Amy -- Provident Title
Yang Amy -- Provident Title
Yang Kevin K -- None Available
Yang Ki Chul -- United Independent Title
Yang Ki Chul -- United Independent Title
Kim Hee Sook -- Fatcola
Chong Su Pom -- Chicago
Chong Su Pom -- Commerce Title
Chong Su Pom $236,000 United Title Company
Ji Tae Joong $200,000 North American Title Co
Kim Jong Tae $160,000 North American Title Company
Thiemrodt Anita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Kevin K $636,150
Previous Owner Yang Ki Chul $770,000
Previous Owner Kim Hee Sook $600,000
Previous Owner Chong Su Pom $385,000
Previous Owner Chong Su Pom $183,000
Previous Owner Chong Su Pom $170,000
Previous Owner Chong Su Pom $216,000
Previous Owner Chong Su Pom $212,400
Previous Owner Ji Tae J $35,000
Previous Owner Ji Tae Joong $180,000
Previous Owner Kim Jong Tae $70,000
Closed Kim Hee Sook $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $1,475,000 +3.5% $488 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $1,425,000 -- $471 / 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 $18,475 $1,534,590 $1,074,213 $460,377
2024 $18,475 $1,504,500 $1,053,150 $451,350
2023 $18,121 $1,475,000 $1,032,500 $442,500
2022 $13,025 $1,080,638 $743,687 $336,951
2021 $12,936 $1,059,450 $729,105 $330,345
2019 $12,471 $1,028,028 $707,480 $320,548
2018 $12,295 $1,007,871 $693,608 $314,263
2016 $11,603 $957,100 $673,700 $283,400
2015 $7,848 $642,000 $451,900 $190,100
2014 $9,185 $824,000 $580,000 $244,000
Source: Public Records

Agents Affiliated with this Home

  • Adam Shamooelian

    Seller's Agent in 2022

    Adam Shamooelian

    Keller Williams Beverly Hills

    (310) 432-6400

    1 in this area

    47 Total Sales

    Adam Shamooelian
    Section Image
  • Paul Yoo

    Buyer's Agent in 2022

    Paul Yoo

    Keller Williams Larchmont

    (213) 616-1714

    8 in this area

    39 Total Sales

    Paul Yoo
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-160491

The MLS

APN: 5518-024-017

California Los Angeles County Los Angeles 90004 Koreatown

137 N Berendo St, Los Angeles, CA

This home is located at 137 N Berendo St, Los Angeles, CA 90004 since 24 May 2022 and is currently estimated at $1,690,976, approximately $559 per square foot. This property was built in 1921. 137 N Berendo St is a home located in Los Angeles County with nearby schools including Frank Del Olmo Elementary School, Virgil Middle School, and Belmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes