$575,000
SOLD OCT 29, 2024

500 S Berendo St Unit 312 Los Angeles, CA 90020

Koreatown Neighborhood
2 Beds
2 Baths
1,201 Sq Ft
$339/mo HOA Fee

Recently Sold

$479 Per Sq Ft

11% Below List Price

140 Days on Market

Highlights

  • 0.8 Acre Lot
  • Open Floorplan
  • Property is near public transit
  • UCLA Community School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of October 2024

One of a kind spacious condominium unit in the heart of Mid-Wilshire area. Corner/end unit with only one common wall. View of the private courtyard below from the unit's balconies. One of the only few big size units in the building. Unit is configured like "two units in one" with one of the 2 bedrooms totally separate from other areas of the unit's interior with a private door, its own private balconies, corner nook study/home office, living room-like space and a full bath. Lots of closet spaces. The rest of the unit has a spacious living room with a fireplace, dining area, another bedroom with a separate full bath and corner kitchen with modern stainless steel appliances.

Building has a welcoming grand entry lobby with high ceilings. Elevator access to top four floors. Quiet neighborhood and street within walking distance of Wilshire and Vermont Boulevards. Easy public transportation access (Metro, bus stops). Supermarkets, shopping centers and fine restaurants just equally nearby. High "walk score" of 96! Come and see!

Last Agent to Sell the Property

Danny Nicolas

Realty Classics Brokerage Email: dannynicolas@realtyclassics.com License #00772630

Last Buyer's Agent

Danny Nicolas

Realty Classics Brokerage Email: dannynicolas@realtyclassics.com License #00772630

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,236

Year Built

  • Built in 1992

Lot Details

  • End Unit
  • 1 Common Wall
  • West Facing Home
  • Rectangular Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $339 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway Level
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,201 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Recessed Lighting
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Courtyard Views

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Laminate Countertops
  • Formica Countertops
  • Utility Sink

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50340
  • Assessor Parcel Number 5502023078
  • $6,768 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Community Storage Space

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,236

Year Built

Built in 1992

Lot Details

0

HOA Fees

$339 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: Cell Phone
  • Other Phone Number: (818) 547-92
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR4
  • Architectural Style: Contemporary, Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5502023078
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1201.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Laminate Counters, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage
  • Stories: 4
  • Entry Location: Ground Floor
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar, Separated
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 478.77
  • Room Type: Entry, Kitchen, Living Room, Office
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Formica Counters, Kitchenette, Laminate Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Exterior Features: Lighting
  • View: Courtyard
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Concrete, Driveway Level, Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Community, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Trash, Water
  • Association Fee: 339.34
  • Association Fee Frequency: Monthly
  • Association Name: Wellington Grande HOA
  • Phone: (424)731-9500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: TRRG Management, Inc.

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Rectangular Lot, Level, Near Public Transit, Sprinkler System, Walkstreet
  • Lot Size: 34946
  • Lot Size Sq Ft: 35017.00
  • Lot Size Acres: 0.8039

Multi Family

  • Lease Considered: No
  • Lot Size Area: 35017.0000 Square Feet
  • Number Of Units In Community: 84
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2121.01
  • Tax Lot: 1
  • Tax Tract Number: 50340
  • TaxOtherAnnualAssessmentAmount: 6768.00

Map

Range of Values:

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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
10/29/2024 10/29/24 Sold $575,000 -4.2% $479 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $600,000 -2.4% $500 / Sq Ft
07/26/2024 07/26/24 Price Changed $615,000 -1.3% $512 / Sq Ft
07/02/2024 07/02/24 Price Changed $623,000 -2.4% $519 / Sq Ft
06/09/2024 06/09/24 Price Changed $638,000 -1.0% $531 / Sq Ft
05/08/2024 05/08/24 For Sale $644,500 +15.4% $537 / Sq Ft
12/16/2020 12/16/20 Sold $558,600 -2.0% $465 / Sq Ft
11/03/2020 11/03/20 For Sale $570,000 +2.0% $475 / Sq Ft
11/01/2020 11/01/20 Off Market $558,600 -- --
10/16/2020 10/16/20 For Sale $570,000 0.0% $475 / Sq Ft
04/11/2014 04/11/14 Rented $1,800 -7.7% --
04/02/2014 04/02/14 Under Contract -- -- --
02/10/2014 02/10/14 For Rent $1,950 0.0% --
05/30/2013 05/30/13 Rented $1,950 0.0% --
05/30/2013 05/30/13 Under Contract -- -- --
04/29/2013 04/29/13 For Rent $1,950 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $7,236 $592,788 $389,674 $203,114
2023 $7,099 $581,166 $382,034 $199,132
2022 $6,768 $569,772 $374,544 $195,228
2021 $6,680 $558,600 $367,200 $191,400
2020 $5,137 $418,600 $97,495 $321,105
2019 $4,933 $410,393 $95,584 $314,809
2018 $4,921 $402,347 $93,710 $308,637
2016 $4,700 $386,725 $90,072 $296,653
2015 $4,631 $380,917 $88,720 $292,197
2014 $4,652 $373,457 $86,983 $286,474
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $446,880 New Conventional
Previous Owner $209,300 Purchase Money Mortgage
Previous Owner $25,000 Stand Alone Second
Previous Owner $25,000 Stand Alone Second
Previous Owner $112,500 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $575,000 Chicago Title Company
Grant Deed $559,000 Chicago Title Company
Grant Deed $322,000 First American Title Co
Corporate Deed $125,000 Commonwealth Land Title Co
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24092624

California Regional Multiple Listing Service (CRMLS)

APN: 5502-023-078