tomo logo

$1,547,000

Beds
4
Baths
3.0
sq ft
2,135

210 N Berendo St, Los Angeles, CA 90004

210 N Berendo St

Los Angeles, CA 90004

  • 49 days on market
We are proud to present for sale this 1,635 square foot Mid-Wilshire home located on an expansive 7,502 square foot lot offers 3 Bedrooms and 2 Bathrooms in the primary structure and a detached 500 square foot structure offering 1 Bedroom, 1 Bathroom and Kitchen. Potential development opportunity in Prime Wilshire Center - Koreatown. R3 zoning and TOC Tier 3 located on an expansive 7,502 square foot lot with 50 feet of frontage. Centrally positioned near Hollywood, Los Feliz, Hancock Park, Silver Lake, and Downtown. Highly walkable location with a Walk Score of 90. Situated in an area of rapid development, this property benefits from its close proximity to major transportation routes, employment hubs, healthcare facilities, and educational institutions. Unleash the full development potential of this lot by utilizing one of the many available state or local density bonus incentives (TOC, ED1, CHIP). Commercial tenant in place operating a state licensed child day care facility offers great rental income to a long term investor or to a developer during the entitlement process.

Details

Property type

Single Family Residence

Est. home value

$1,296,791

Lot size

7,502 sq ft

Price per sq ft

$725

Year built

1921

HOA

No

Price History

09/17/2024
CRMLS

CRMLS #OC24177206

Listed
$1,547,000
-4.8%
07/11/2024
CLAW

CLAW #24373603

Removed
$1,625,000
05/10/2024
CLAW

CLAW #24373603

Price change
$1,625,000
-5.85%

Schools & Community

Neighborhood: 

Koreatown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Aaa Capital Investment Inc

Loan start date

May 2022

Original loan amount

$973,000

Est. remaining balance

Not provided

Interest rate

5.12%

Loan type

New Conventional, 30 year

Seller

Baabak Sharifan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CLAW
$1,675,000
4 bd
|
3.75 ba
|
2,061 sq ft
|
House

325 N Wilton Pl, Los Angeles, CA 90004

Price drop
CLAW
$1,450,000
4 bd
|
2 ba
|
1,733 sq ft
|
House

241 N Catalina St, Los Angeles, CA 90004

CRMLS
$1,499,000
4 bd
|
1.75 ba
|
1,864 sq ft
|
House

632 N Mariposa Ave, Los Angeles, CA 90004

Status: Active

Tomo last checked: 11/05/2024 at 11:50 AM

Listing updated: 10/23/2024 at 3:35 AM

Listed by: Baabak Sharifan, Baabak Sharifan, Broker Phone #: (949) 584-0920

MLS: CRMLS #OC24177206

CRMLS logo

Recently listed in Los Angeles