525 S Berendo Street 314, Los Angeles, California 90020, Los Angeles, 90020 - 2 bed, 2 bath
Loading property details...
Los Angeles, California 90020
This Turnkey Koreatown Condominium is listed at $549,000, offering a stable residential asset positioned near its $494,732 Fair Market Value. Boasting a Condition Rating of 4, the interior is move-in ready with a functional split-bedroom layout, in-unit laundry, and a private balcony. Residents benefit from premium HOA amenities including a rooftop spa, fitness center, and two gated parking spaces. Located in the heart of Mid-Wilshire near John Marshall Senior High, this home balances urban convenience with resort-style perks. It is perfectly suited for urban professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 S Berendo Street 314 Subject | $549,000* List Price | 2 | 2 | 867 | $571 | - |
A 435 S Virgil Avenue 225 Sold | $466,000 | 2 | 2 | 834 | $559 | 0.4 mi |
B 525 S Berendo Street 204 Sold | $473,000 | 2 | 2 | 867 | $546 | - |
C 424 S Westmoreland Avenue 204 Sold | $560,000 | 2 | 2 | 1,035 | $541 | 0.4 mi |
D 525 S Berendo 106 Pending | $510,000 List Price | 2 | 2 | 867 | $588 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1991, is well-maintained and move-in ready, with updated laminate flooring in the living areas and bedrooms, and modern in-unit laundry. However, the kitchen features dated white tile countertops, older white appliances, and basic cabinetry. The bathrooms also show signs of being outdated with similar tile countertops and older fixtures. While functional, these areas require minor updates to meet current aesthetic standards, aligning with the 'Fair' condition criteria for properties built over 20 years ago with functional but outdated major components.
Situated in the vibrant heart of Koreatown, offering unparalleled convenience with restaurants, shops, and public transportation just minutes away, ideal for an active city lifestyle.
The building provides desirable HOA amenities including a dry sauna, fitness center, racquetball court, and a rooftop spa, enhancing the resident experience and value.
Features a gated parking garage with two assigned spaces plus guest parking, a significant advantage in a dense urban area like Los Angeles.
The property description explicitly states 'view: None,' which may be a drawback for buyers seeking city or scenic outlooks from their condo.
With 867 sqft for a 2-bedroom, 2-bathroom unit, the living space is relatively compact, potentially limiting appeal for those desiring more expansive interiors.
The $450.0 monthly HOA fee is a notable recurring cost that needs to be factored into the overall affordability and could be perceived as high for the unit's size.
Best Value in the Heart of Koreatown! Experience the perfect blend of comfort, convenience, and modern city living in this beautifully maintained 2-bedroom, 2-bathroom condo. Located in a secure and well-managed building, just minutes from restaurants, shops, and public transportation — ideal for first-time buyers, investors, or anyone seeking an easy LA lifestyle. This third-floor unit offers a smart split-bedroom layout, ensuring privacy for each room — perfect for roommates or a home office setup. Enjoy a spacious open living area, in-unit washer and dryer, and a cozy private balcony for relaxing or entertaining. The gated parking garage provides two assigned parking spaces plus guest parking for added convenience. HOA amenities include a dry sauna, fitness center, racquetball court, and rooftop spa. Don’t miss the opportunity to own this move-in-ready home located in the vibrant center of Koreatown — close to everything the city has to offer!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 867 | 1,064 | 41% |
| Lot Size | 28,487 | 28,487 | 50% |
| Price | $549.0K | $560.0K | 49% |
| Price per sq ft | $633 | $559 | 78% |
| Built year | 1991 | 1987 | 57% |
| HOA | $450.0 | $485 | 49% |
| Days on market | 175 | 181 | 49% |
Oct 29, 2025
$549,000
Initial Listing
Oct 22, 2020
$515,000
Public Record
Mar 1, 1999
$115,000
Public Record