525 S Berendo Street 416, Los Angeles, California 90020, Los Angeles, 90020 - 2 bed, 2 bath
ACTIVE$680,000
525 S Berendo Street 416, Los Angeles, California 90020
2Beds
2Baths
880Sqft
28,487Lot
Year Built
1991
Close
-
List price
$680K
Original List price
$680K
Price/Sqft
$773
HOA
$420
Days on market
-
Sold On
-
MLS number
25539157
Home ConditionFair
Features
Good View: City Lights
Spa
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $680.0K(72th), sqft - 880(50th), beds - 2(50th), baths - 2(50th).
3 SIDE-BY-SIDE PARKING LOTS, HIGH CEILING, PRIVATE STORAGE. This condo is in a prime location in Koreatown, and is within a short distance of a market, Korean markets, pharmacy, restaurants, department store, office supply store, metro station, and bus stop. This condo is located on the top floor of the 4th floor, so the ceiling is very high compared to other condos, so it does not feel stuffy, and the direction is facing south, and there are no buildings blocking the front, so the living room and bedroom are always well-lit and bright. Features of this condo include side-by-side parking for 3 cars and amenities, including a separate storage area hot tub, sauna, and exercise room.
Nearby schools
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•0.5mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•0.6mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•0.7mi
5/10
Cahuenga Elementary School
Public,•K-5•0.7mi
8/10
Hoover Street Elementary School
Public,•K-5•0.8mi
/10
Mariposa-Nabi Primary Center
Public,•K-2•0.9mi
6/10
Charles H. Kim Elementary School
Public,•K-5•0.9mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•0.9mi
4/10
Alexandria Avenue Elementary School
Public,•K-5•0.9mi
3/10
Harvard Elementary School
Public,•K-5•1.0mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•1.0mi
3/10
Leo Politi Elementary School
Public,•K-5•1.1mi
3/10
Wilton Place Elementary School
Public,•K-5•1.2mi
3/10
Los Angeles Elementary School
Public,•K-5•1.3mi
6/10
Wilshire Park Elementary School
Public,•K-5•1.3mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•1.6mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•2.2mi
7/10
Queen Anne Place Elementary School
Public,•K-5•2.3mi
8/10
Third Street Elementary School
Public,•K-5•2.3mi
4/10
Young Oak Kim Academy
Public,•6-8•0.3mi
5/10
Virgil Middle School
Public,•6-8•0.6mi
3/10
Berendo Middle School
Public,•6-8•1.0mi
5/10
Pio Pico Middle School
Public,•6-8•1.9mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.3mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.4mi
7/10
John Burroughs Middle School
Public,•6-8•2.4mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•0.4mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•0.4mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•0.4mi
4/10
West Adams Preparatory High School
Public,•9-12•1.7mi
3/10
Belmont Senior High School
Public,•9-12•1.8mi
4/10
Los Angeles Senior High School
Public,•9-12•2.3mi
8/10
John Marshall Senior High School
Public,•9-12•3.1mi
7/10
Fairfax Senior High School
Public,•9-12•4.0mi
Price History
Date
Event
Price
02/13/24
Sold
$585,000
02/22/99
Sold
$127,500
Condition Rating
Fair
The property was built in 1991, making it 33 years old. While the kitchen features updated stainless steel appliances and the bedroom has laminate flooring, the kitchen cabinets and countertops appear dated, consistent with the original construction or an older renovation. The common areas of the building, including the lobby and gym, also show significant signs of age with outdated finishes and decor. This indicates that the property has not undergone a full recent renovation, aligning with the 'fair' category's description of a home that is aged but maintained, with functional major components showing signs of being outdated.
Pros & Cons
Pros
Exceptional Parking: The property boasts three side-by-side parking spaces, a highly valuable and rare amenity in a dense urban area like Koreatown.
Prime Urban Location: Situated in a prime Koreatown location, offering excellent walkability to diverse amenities including markets, restaurants, retail, and public transportation (metro/bus).
Abundant Natural Light & Views: As a top-floor, south-facing unit with unobstructed front views, it benefits from consistent natural light and desirable city light views.
Enhanced Living Space & Storage: Features high ceilings, contributing to a more spacious and open feel, along with the added convenience of a private, separate storage area.
Building Amenities: Residents have access to attractive building amenities including a hot tub, sauna, and exercise room, enhancing the lifestyle offering.
Cons
Compact Square Footage: At 880 sqft for a 2-bedroom, 2-bathroom unit, the living space is relatively compact, which may not appeal to all buyers seeking more spacious accommodations.
Monthly Association Fee: The $420 monthly association fee adds a significant recurring cost to homeownership, which could impact affordability for some buyers.
Lack of In-Unit Laundry: The property description does not specify in-unit laundry facilities, which is a highly desired amenity that may be absent, potentially requiring reliance on communal or off-site options.