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Back 1245 S Berendo St
Off Market

1245 S Berendo St

Los Angeles CA 90006

2936 sq. ft.
5899 sq. ft.
Other
Last sold for $779,000
Jeff BrandolinoJeff Brandolino, last sold this property on 23 March 2018 after -71 days on market.

Overview

4 unit (two buildings) Multi residential Income Property fully occupied located in the K-Town area VALUE ADD OPPORTUNITY!!! Total of 2,936 sqft. Front building has 2 units both two bedrooms each total of 2,072 sqft, and back building has 2 units 1 bedroom each total of 864 sqft. This is an ideal property for investors featuring the front building with 2 large units and the rear house has 2 ground level units. This property has lots of character and is located in a high rental demand area. Centrally located walking neighborhood, near the Wilshire and Olympic Park areas, Koreatown, LA Live, Mid City area, and minutes from USC Exposition Park areasKoreatown, and Metroline Transit Station.

Features

2936 sq. ft. floor area
5899 sq. ft. lot size
Other

Estimated Value

Based on this property and similar other properties sold in Los Angeles over the last 12 months, the estimated median property value of 1245 S Berendo St is $1.35m.

Median value
$1.35m
Estimated value range
$680k - $10.6m
Median days on market
71
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1245 S Berendo St

2018
Sold
$779,000
23 Mar 2018 by Jeff Brandolino, of Realty Executives Valencia

Happy sellers in Los Angeles

~%

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for other properties in Los Angeles

In the last 12 months, 27 other properties similar to 1245 S Berendo St, have been sold.

This represents a 10% decrease in other properties sales when compared to the previous 12 months.

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Jonghyeok Choi is a recommended agent for Los Angeles.  They have 3 local sales across the last 12 months.

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