1612 1612 1/2 S Berendo Street, Los Angeles, California 90006, Los Angeles, 90006 - bed, bath
ACTIVE$1,950,000
1612 1612 1/2 S Berendo Street, Los Angeles, California 90006
0Bed
0Bath
3,133Sqft
4,455Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Accessibility: Ideally situated near major freeways (10, 110, 101, 5) and just 10 minutes from USC, Koreatown, and Downtown LA, offering convenient access to shopping, dining, and amenities.
Top Cons:
Age of Structure: Built in 1908, the property's age, despite recent remodels, may still present underlying maintenance challenges or require updates to systems not explicitly covered by the renovations.
Compared to the nearby listings
Price:$1.95M vs avg $1.29M (+$661,500)75%
Size:3,133 sqft vs avg 3,559 sqft50%
Price/sqft:$622 vs avg $49750%
More Insights
Built in 1908 (117 years old).
Condition: Despite the 1908 build year, the property has undergone a recent and extensive renovation, as explicitly stated in the description: 'recently built 2 units with full permits and completely remodeled' with 'all new cabinets and appliances.' The images confirm this, showcasing modern, virtually new kitchens with white shaker cabinets, grey quartz countertops, and new stainless steel/black appliances. Bathrooms feature contemporary fixtures. Throughout the units, there is new light-colored laminate/LVP flooring, modern lighting (flush mounts, recessed, ceiling fans), and efficient mini-split AC units. All visible components appear new or virtually new, meeting current quality standards, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Year Built
1908
Close
-
List price
$1.95M
Original List price
$1.95M
Price/Sqft
$622
HOA
-
Days on market
-
Sold On
-
MLS number
PW25242876
Home ConditionExcellent
Features
Deck
Patio
View-
About this home
Prime Location! Ideally situated near the 10, 110, 101, and 5 freeways, with convenient access to shopping, dining, and local amenities, and just 10 minutes to USC, Koreatown, and Downtown LA — perfect for city living. All units will be delivered vacant. The current owner recently built 2 units with full permits and completely remodeled, enhancing both the functionality and value of the property. Features include all new cabinets and appliances. Investors have the opportunity to create a separate 1-bedroom/1-bath unit for additional rental income from the main house, with the potential to configure the property into 3 units: 2-bed/2-bath, 1-bed/1-bath, and 3-bed/2-bath. Move-in ready! Ideal for owner occupancy, rental income, or Airbnb investment.
Condition Rating
Excellent
Despite the 1908 build year, the property has undergone a recent and extensive renovation, as explicitly stated in the description: 'recently built 2 units with full permits and completely remodeled' with 'all new cabinets and appliances.' The images confirm this, showcasing modern, virtually new kitchens with white shaker cabinets, grey quartz countertops, and new stainless steel/black appliances. Bathrooms feature contemporary fixtures. Throughout the units, there is new light-colored laminate/LVP flooring, modern lighting (flush mounts, recessed, ceiling fans), and efficient mini-split AC units. All visible components appear new or virtually new, meeting current quality standards, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Pros & Cons
Pros
Prime Location & Accessibility: Ideally situated near major freeways (10, 110, 101, 5) and just 10 minutes from USC, Koreatown, and Downtown LA, offering convenient access to shopping, dining, and amenities.
Significant Income Potential: The property is classified as Residential Income with the potential to be configured into three units (2-bed/2-bath, 1-bed/1-bath, and 3-bed/2-bath), ideal for rental income or Airbnb investment.
Recent Renovations & Modern Units: The current owner recently built two units with full permits and completely remodeled them, featuring all new cabinets and appliances, reducing immediate capital expenditure for the buyer.
Vacant Delivery: All units will be delivered vacant, providing immediate flexibility for an owner-occupant or investor to select tenants and set market rents without existing lease obligations.
Versatile Investment Opportunity: The property is move-in ready and suitable for owner occupancy, generating rental income, or operating as an Airbnb, appealing to a broad range of buyers.
Cons
Age of Structure: Built in 1908, the property's age, despite recent remodels, may still present underlying maintenance challenges or require updates to systems not explicitly covered by the renovations.
Unrealized Triplex Potential Requires Further Investment: While offering the opportunity to create a third unit, realizing this full potential requires additional construction, permitting, and capital expenditure by the new owner.
Limited Current Unit Configuration Details: The description highlights potential configurations but lacks specific details on the current layout and bedroom/bathroom count of the 'recently built 2 units,' which could complicate initial financial analysis for investors.