NOT LISTED FOR SALE

920 S Berendo St Los Angeles, CA 90006

Koreatown Neighborhood
12 Beds
12 Baths
7,496 Sq Ft
0.31 Acres

Last Sold October 30, 2013

Last sale price $1,450,000 $193 Per Sq Ft

27 Days on Market

About This Home

As of October 2013

12-unit apartment building located in the heart of Koreatown on 920 S. Berendo St. This wood frame stucco building was built in 1923 on a large R4 lot (13,344 sq ft ). The unit mix for the building is 12 one bed/one bath units, each unit has own electric & gas meter, water heater. The property is currently 100% occupied and there are ten open parking spaces in rear.Recently remodeled from exterior to interior of units, works include not limited to new windows, tile floors, new painting throughout, new cabinets. The current rents are approximately 13% below market and new owner should be able to achieve market rents with scheduled annual rent increases allowed by Los Angeles Housing Department's Rent Stablization Ordinance along with normal turnovers. Also, 3049 W 11th St, 1216 S Bonnie Brae St can be sold together or individually.

Last Agent to Sell the Property

Danny Bahng

Danny K Bahng License #00980047 Listed on: 03/14/2013

Last Buyer's Agent

Danny Bahng

Danny K Bahng License #00980047 Listed on: 03/14/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 0.31 Acre Lot

Interior Spaces

  • 7,496 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 10 Parking Spaces
  • Private Parking

Community Details

  • 4 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5094-025-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7496
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 12.00
  • Den: 0
  • Price Per S Q F T: 193.44

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Private
  • Total Parking: 10

Lot Info

  • Assessed Improvement Value: 35986
  • Assessed Land Value: 359897
  • Assessor Parcel Number: 5094-025-017
  • Geocode Override: No
  • Lot Size Area: 13343

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 11.69
  • Number Of Units: 12
  • Total Annual Expense: 44209
  • Type Of Units: 1+1
  • Vacancy Rate: 8.3

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

Property History

Date Event Price Change Sq Ft Price
10/30/2013 10/30/13 Sold $1,450,000 0.0% $193 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $1,450,000 -- $193 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Danny Bahng

    Danny K Bahng

    (213) 607-5055

    Danny Bahng
    Section Image
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Map

Source: The MLS

MLS Number: 13-657821

The MLS
California Los Angeles County Los Angeles 90006 Koreatown

920 S Berendo St, Los Angeles, CA

This home is located at 920 S Berendo St, Los Angeles, CA 90006 since 14 March 2013. This property was built in 1923. 920 S Berendo St is a home located in Los Angeles County with nearby schools including UCLA Community School, Rfk Community Schools-Ambassador-Global Leadership, and Young Oak Kim Academy.

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