$647,000
SOLD NOV 4, 2024

500 S Berendo St Unit 422 Los Angeles, CA 90020

Koreatown Neighborhood
2 Beds
2 Baths
1,088 Sq Ft
$325/mo HOA Fee

Recently Sold

$595 Per Sq Ft

5% Above List Price

10 Days on Market

Highlights

  • No Units Above
  • Gated Parking
  • City Lights View
  • UCLA Community School Rated A-
  • Gated Community
  • Updated Kitchen

About This Home

As of November 2024

beautifully renovated Penthouse condominium located in Mid-Wilshire Koreatown area. Spacious 2 Bedroom and 2bathroom corner / End unit. Living room with fireplace and dinning area. Spacious master suite has own bathroom, and walk-in closet. Penthouse at top floor with High-ceiling, great views. No unit above, laminated wood flooring throughout the whole house. New kitchen with new white cabinet and quirts counter top. new appliance, new cooktop, new microwave, new dish washer. Balcony to soak in the views. Low HOAs, This property comes with two tandem assigned parking space at community garage and multiple guest parking. Inside laundry room, private storage, Building has a welcoming grand entry lobby with high ceilings, Elevator access to top four floors. Quite neighborhood and street within walking distance of Wilshire and Vermont Boulevards. Easy public transportation access (Metro, Bus stops). Shopping centers, Supermarkets, and fine restaurants just equally nearby.

Last Agent to Sell the Property

Kay Jun

Sunny Hills Real Estate, Inc. Brokerage Phone: 714-869-4989 License #01279277 Listed on: 10/03/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 1992

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,088 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Additional Features

  • Balcony
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50340
  • Assessor Parcel Number 5502023108
  • $120 per year additional tax assessments

Community Details

Overview

  • 84 Units
  • Wellington Grande Association, Phone Number (424) 731-9500
  • Trrg Management Co. HOA

Additional Features

  • Community Storage Space
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,056

Year Built

Built in 1992

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: kay G Jun
  • Other Phone Number: 714869498
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5502023108
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1088.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan, Quartz Counters, Storage
  • Stories: 4
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 594.67
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Quartz Counters
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Garage, Garage Door Opener, Gated
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Wellington Grande
  • Phone: 424-731-9500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: TRRG management Co.

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 35027.00
  • Lot Size Acres: 0.8041

Multi Family

  • Lease Considered: No
  • Lot Size Area: 35027.0000 Square Feet
  • Number Of Units In Community: 84
  • Number Of Units Total: 84

Tax Info

  • Tax Census Tract: 2121.01
  • Tax Lot: 1
  • Tax Tract Number: 50340
  • TaxOtherAnnualAssessmentAmount: 120.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Oct 31, 2024
Sold by
Hyun Seok Kim And Bok Nam Kim Revocable and Kim Hyun Seok
Bought by
Fishbein Family Trust and Fishbein
Seller's Agent
Kay Jun
Sunny Hills Real Estate, Inc.
List Price
$619,000
Sold Price
$647,000
Premium/Discount to List
$28,000
4.52%
Views
38
Current Estimated Value
$650,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,561
Avg. Annual Appreciation
0.59%

Purchase Details

Closed on
Sep 23, 2020
Sold by
Kim Bak Nam
Bought by
Hyun Seok Kim And Bok Nam Kim Revocable Decla and Declarat Bok

Purchase Details

Closed on
Mar 3, 2003
Sold by
Kim Hyun Seok
Bought by
Kim Bok Nam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.85%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Washington Mutual Bank Fa
Bought by
Kim Hyun Bok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,800
Interest Rate
6.37%

Purchase Details

Closed on
Jun 21, 2002
Sold by
Chang Duck Jae
Bought by
Washington Mutual Bank Fa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,800
Interest Rate
6.37%

Purchase Details

Closed on
Feb 17, 2000
Sold by
Kim Samuel Y
Bought by
Chang Duck Jae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,050
Interest Rate
6.21%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $647,000 Chicago Title
Grant Deed -- Kim Bok Nam
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $290,000 American Title Co
Grant Deed $263,000 First American Title Ins Co
Trustee Deed $197,178 Chicago Title Co
Grant Deed $179,000 North American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $203,000 No Value Available
Previous Owner $249,800 No Value Available
Previous Owner $170,050 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2024 11/04/24 Sold $647,000 +4.5% $595 / Sq Ft
10/14/2024 10/14/24 For Sale $619,000 -4.3% $569 / Sq Ft
10/12/2024 10/12/24 Off Market $647,000 -- --
10/03/2024 10/03/24 For Sale $619,000 -- $569 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,056 $647,000 $424,700 $222,300
2024 $5,056 $411,755 $90,861 $320,894
2023 $4,962 $403,682 $89,080 $314,602
2022 $4,733 $395,768 $87,334 $308,434
2021 $4,669 $388,009 $85,622 $302,387
2020 $4,716 $384,032 $84,745 $299,287
2019 $4,528 $376,503 $83,084 $293,419
2018 $4,517 $369,121 $81,455 $287,666
2016 $4,314 $354,790 $78,293 $276,497
2015 $4,251 $349,461 $77,117 $272,344
2014 $4,272 $342,617 $75,607 $267,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24203429

California Regional Multiple Listing Service (CRMLS)

APN: 5502-023-108