***INVESTOR/DEVELOPER***This is the lowest priced property in the area for 6 units with lots of potential for a huge value add. Prime Opportunity in Koreatown, There is a significant upside in the current rents offering the new owner the ability to also remodel and make this a great cash flowing investment. this property boasts an excellent unit mix featuring (2) 2-bed/1-bath and (4) 1-bed/1-bath units. "this property is to be sold in as-is condition"
Sold for $1,480,000
$1,480,000
1116 S Berendo St APT 1, Los Angeles, CA 90006
8beds
6baths
3,990sqft
Multi Family
Built in 1959
-- sqft lot
$1,445,900 Zestimate®
$371/sqft
$2,935 Estimated rent
Home value
$1,445,900
$1.30M - $1.60M
$2,935/mo
Zestimate® history
Owner options
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$2,935/mo
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$2,935/mo
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$9,441/mo
Est. payment
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$9,441/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kye Han DRE # 01932078 213-618-8671,
New Star Realty 213-385-4989
Bought with:
Shawn Raoufpour, DRE # 01425538
Gold Realty
Source: CLAW,MLS#: 25-478331
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- Wall
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven
Interior area
- Total structure area: 3,990
- Total interior livable area: 3,990 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Pool features: Fenced
Lot
- Size: 6,211 Square Feet
- Dimensions: 46 x 135
Details
- Additional structures: None
- Zoning: LAR4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition,Shingle
Condition
- Year built: 1959
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $320,960
- Date on market: 1/8/2025
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listing removed | $2,650$1/sqft |
Source: CRMLS #GD26055917 Report a problem | ||
| 3/16/2026 | Listed for rent | $2,650$1/sqft |
Source: CRMLS #GD26055917 Report a problem | ||
| 2/20/2025 | Sold | $1,480,000+5.7%$371/sqft |
Source:  CLAW #25-478331 Report a problem | ||
| 1/22/2025 | Pending sale | $1,400,000$351/sqft |
Source: CLAW #25-478331 Report a problem | ||
| 1/8/2025 | Listed for sale | $1,400,000-6.7%$351/sqft |
Source: CLAW #25-478331 Report a problem | ||
| 7/5/2024 | Listing removed | $1,500,000$376/sqft |
Source: CLAW #24-409371 Report a problem | ||
| 6/28/2024 | Listed for sale | $1,500,000$376/sqft |
Source: CLAW #24-409371 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Koreatown
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Nearby schools
GreatSchools rating
- 4/10Leo Politi Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Berendo Middle SchoolGrades: 6-8Distance: 0.1 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,445,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,445,900
- California
- Los Angeles County
- Los Angeles
- 90006
- Koreatown
- 1116 S Berendo St Apartment 1
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