$475,000

500 S Berendo St Unit 314 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated payment $3,351/month

Total Views 267
1 Bed
1 Bath
769 Sq Ft
$618 Price per Sq Ft

Highlights

  • 0.8 Acre Lot
  • Contemporary Architecture
  • Courtyard Views
  • UCLA Community School Rated A-
  • Living Room with Fireplace
  • Racquetball

About This Home

Modern Living in the Heart of KoreatownStep into comfort, style, and convenience with this beautifully updated 1-bedroom condo nestled in the vibrant heart of Koreatown. Located in the sought-after Wellington Residential, this home offers a perfect blend of contemporary design and urban accessibility.Inside, you'll find a spacious living room warmed by a cozy fireplace the perfect spot for relaxing evenings. The open-concept layout flows effortlessly into a dining area, ideal for hosting or enjoying quiet meals at home. The bright, modern kitchen is equipped with brand-new appliances, including a stove and refrigerator, ready to bring your culinary creations to life.Freshly painted and featuring new wood flooring throughout, the entire unit feels fresh, clean, and move-in ready. Sliding glass doors lead from the living room to a private balcony a peaceful retreat to enjoy your morning coffee or evening breeze.The generously sized bedroom offers a second access to the outdoor patio, inviting in natural light and fresh air. Storage won't be a concern here, with ample closet space throughout, plus TWO tandem garage parking spaces included.The building itself features a well-maintained lobby that provides a warm and welcoming entrance for you and your guests. Plus, low HOA dues make this home as practical as it is appealing.Located just blocks from Koreatown's best amenities, you'll enjoy easy access to local hotspots like Document Coffee, California Market, Park's BBQ, and Break Room 86. Whether you're dining, shopping, or exploring the nightlife, everything you need is just around the corner.Don't miss this rare opportunity to own a stylish, move-in ready condo in one of LA's most dynamic neighborhoods.

Listing Agent

Elijah Shin

Dream Realty & Investments Inc License #01358906 Listed on: 08/21/2025

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,948

Year Built

  • Built in 1992

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 769 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Courtyard Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Garage Space
  • Controlled Entrance

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5502-023-080

Community Details

Overview

  • 84 Units

Recreation

  • Racquetball

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,948

Year Built

Built in 1992

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: The Wellington Residential Community HOA
  • Entry Floor: 3
  • Living Area: 769
  • Lot Acreage: 0.8041
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 1992
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Washer, Range/Oven
  • Price Per S Q F T: 617.69

Exterior Features

  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Racquet Ball
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 267.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5502-023-080
  • Lot Size Area: 35027

Multi Family

  • Number Of Units: 84

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,948 $497,603 $339,465 $158,138
2024 $5,948 $487,847 $332,809 $155,038
2023 $5,835 $478,283 $326,284 $151,999
2022 $5,564 $468,906 $319,887 $149,019
2021 $5,492 $459,713 $313,615 $146,098
2020 $2,795 $232,509 $59,600 $172,909
2019 $2,683 $227,951 $58,432 $169,519
2018 $2,673 $223,483 $57,287 $166,196
2016 $2,549 $214,807 $55,063 $159,744
2015 $2,511 $211,581 $54,236 $157,345
2014 $2,526 $207,437 $53,174 $154,263
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $475,000 -- $618 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $455,000 Orange Coast Title Company
Grant Deed $197,000 Lsi Title Agency
Trustee Deed $304,933 Accommodation
Grant Deed $340,000 Lawyers Title
Trustee Deed $310,561 None Available
Grant Deed $367,000 Chicago Title Co
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Grant Deed -- --
Grant Deed $220,000 Chicago Title Co
Individual Deed $150,000 Equity Title
Corporate Deed $90,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $317,700 New Conventional
Closed $318,500 New Conventional
Previous Owner $157,600 New Conventional
Previous Owner $51,000 Credit Line Revolving
Previous Owner $272,000 Purchase Money Mortgage
Previous Owner $293,600 Balloon
Previous Owner $187,000 Purchase Money Mortgage
Previous Owner $120,000 No Value Available
Previous Owner $66,400 Unknown
Previous Owner $70,000 No Value Available
Closed $22,500 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25581881

The MLS

APN: 5502-023-080