1755 N Berendo Street 28, Los Angeles, California 90027, Los Angeles, 90027 - 1 bed, 1 bath
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Los Angeles, California 90027
This Oversized Los Feliz Condominium is a strategic Value-Add Asset listed at $515,000, positioned accurately at its $515,000 Fair Market Value. The property’s primary investment appeal lies in its 862-square-foot layout, which provides a clear path for conversion into a two-bedroom unit to drive forced appreciation. Currently maintaining a Condition Rating of 4, the unit features original 1962 mid-century details and a private patio. With a tenant in place and proximity to the 9/10 rated Ivanhoe Elementary, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1755 N Berendo Street 28 Subject | $475,000* List Price | 1 | 1 | 862 | $535 | - |
A 1757 N Normandie Avenue 8 Pending | $497,000 List Price | 1 | 1 | 900 | $552 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this property is largely in its original state and shows significant signs of being outdated. The kitchen retains original mid-century wood cabinetry and older tile countertops, while the bathroom features vintage 1960s green tiling and dated fixtures. The interior includes aged carpeting, popcorn ceilings, and older wall-mounted cooling units. While the property is functional and currently occupied by a tenant, it requires cosmetic updates and modernization of appliances, flooring, and fixtures to meet current market standards.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in one of LA's most desirable neighborhoods, this property offers exceptional walkability to Griffith Park, Silver Lake, and trendy dining, ensuring high long-term demand and lifestyle appeal.
The oversized 862-square-foot layout provides a rare opportunity to easily convert the space into a two-bedroom unit, significantly increasing the property's market value and utility.
The requirement for a 48-hour notice and 'subject to interior inspection' terms can create friction for traditional buyers and may prolong the due diligence process.
The original 1962 mid-century finishes and kitchen require modernization, necessitating additional upfront capital for renovations to meet contemporary luxury standards.
Beautiful top-floor northeast-facing unit in a classic Mid-Century building, ideally located in the heart of Los Feliz. This light-filled residence features abundant natural sunlight, with the kitchen and living room illuminated by warm morning light. The flexible floor plan offers the potential for a second bedroom, home office, or creative space, providing versatility to suit a variety of lifestyles. Enjoy peaceful hillside outlooks toward Griffith Park, with layered mountain views visible on clear days. Conveniently situated near shops, dining, and entertainment, with easy access to Griffith Park, hiking trails, and major thoroughfares. A rare opportunity to own a bright and inviting home in one of Los Angeles’ most desirable neighborhoods. Motivated seller! Bring all offers! 48-HOUR NOTICE REQUIRED FOR SHOWINGS PRICE DROP — YOUR LOS FELIZ ERA STARTS HERE
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.6 mi
Grades K-2 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 32% |
| Baths | 1.0 | 2.0 | 47% |
| Square foot | 862 | 1,011 | 16% |
| Lot Size | 18,354 | 15,406 | 63% |
| Price | $475.0K | $835.0K | 5% |
| Price per sq ft | $551 | $819 | 5% |
| Built year | 1962 | 1964 | 37% |
| HOA | $350.0 | $432 | 16% |
| Days on market | 170 | 139 | 58% |
Apr 17, 2026
$475,000
$515,000
-8% Price Drop
Initial Listing
Mar 25, 2026
$515,000
$555,000
-7% Price Drop
Initial Listing
Jan 7, 2026
$555,000
$600,000
-7% Price Drop
Initial Listing
Nov 3, 2025
$600,000
Initial Listing