625 S Berendo Street 310, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath

625 S Berendo Street 310, Los Angeles, California 90005 home-pic-0
ACTIVE$750,000
625 S Berendo Street 310, Los Angeles, California 90005
2Beds
2Baths
1,260Sqft
30,005Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location & Connectivity: Prime Koreatown location offering unparalleled walkability to diverse dining, markets, shopping, and immediate access to the Vermont/Wilshire Metro for Downtown/USC commutes.
Top Cons:
Tenant Occupancy & Delayed Possession: The property is subject to an existing lease agreement until November 30, 2026, which prevents immediate owner occupancy and may limit the buyer pool to investors or those willing to wait.

Compared to the nearby listings

Price:$750.0K vs avg $700.0K (+$50,000)59%
Size:1,260 sqft vs avg 1,254 sqft53%
Price/sqft:$595 vs avg $56659%

More Insights

Built in 2005 (20 years old).
Condition: This property was built in 2005 but was fully remodeled just four years ago, aligning perfectly with the 'extensively renovated within 5 years' criteria for an excellent rating. The images confirm a high standard of renovation, showcasing a modern kitchen with two-tone cabinetry, stainless steel appliances, and sleek countertops. The bathrooms feature contemporary vanities, vessel sinks, illuminated mirrors, and glass-enclosed showers with modern tiling. High-end tile flooring in living areas and hardwood in bedrooms, along with recessed lighting and a stylish chandelier, contribute to a virtually new and updated aesthetic throughout the unit. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2005
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$595
HOA
$594
Days on market
-
Sold On
-
MLS number
25590211
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights

About this home

This move-in ready 2-bedroon, 2-bath home features a cozy fireplace and has been fully upgraded. Enjoy the convenience of in-unit heating, air conditioning, and a washer and dryer with a digital door lock. The community offers 24-hour on-site security, a gated parking lot with two assigned spaces plus guest parking, and a fully equipped gym. Located in prime Koreatown, you are just steps from popular dining spots, markets, and shopping destinations. The Vermont/Wilshire Metro station is within distance, with easy access to Downtown and USC. High ceilings and an open-concept living room create a spacious feel, while high-end tile flooring in the living room, kitchen, bathrooms, and laundry complements hardwood floors in the bedrooms. Fully remodeled four years ago, this home is in excellent condition. First - floor amenities include a coffee shop, Oko Bing, and across the street Seong Buk Dong restaurant and a Chevron gas station with a 24-hours convenience store. Within a five-minute walk are Ham Ji Bark on 6th Street, Chapman Plaza, and H-Mart, with the Vermont/Wilshire station just five minutes away and VERMONT Galleria Market seven minutes. Building security guards receive and hold delivery packages, offering secure and convenient living in one of the city's most dynamic neighborhoods. The seller recently signed a one-year lease that will expire on November 30, 2026. If you wish to move in immediately after purchasing the unit, it is necessary to consult with the current tenants.

Price History

Date
Event
Price
07/19/13
Sold
$455,000
06/04/08
Sold
$455,000
Condition Rating
Excellent

This property was built in 2005 but was fully remodeled just four years ago, aligning perfectly with the 'extensively renovated within 5 years' criteria for an excellent rating. The images confirm a high standard of renovation, showcasing a modern kitchen with two-tone cabinetry, stainless steel appliances, and sleek countertops. The bathrooms feature contemporary vanities, vessel sinks, illuminated mirrors, and glass-enclosed showers with modern tiling. High-end tile flooring in living areas and hardwood in bedrooms, along with recessed lighting and a stylish chandelier, contribute to a virtually new and updated aesthetic throughout the unit. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Location & Connectivity: Prime Koreatown location offering unparalleled walkability to diverse dining, markets, shopping, and immediate access to the Vermont/Wilshire Metro for Downtown/USC commutes.
Modern & Fully Upgraded Interior: Recently remodeled (4 years ago) with high-end finishes, high ceilings, open-concept living, in-unit heating/AC, washer/dryer, and digital door lock, ensuring a contemporary and comfortable living space.
Robust Community Amenities & Security: Features 24-hour on-site security, a gated parking lot with two assigned spaces plus guest parking, a fully equipped gym, and secure package delivery, enhancing convenience and safety.
Move-In Ready & Excellent Condition: The unit is described as 'move-in ready' and in 'excellent condition,' minimizing immediate renovation needs for a new owner.
Desirable City Lights View: Offers attractive city lights views, adding to the property's aesthetic appeal and value.

Cons

Tenant Occupancy & Delayed Possession: The property is subject to an existing lease agreement until November 30, 2026, which prevents immediate owner occupancy and may limit the buyer pool to investors or those willing to wait.
Significant Monthly Association Fees: The $594.0 monthly association fee is substantial and represents a considerable recurring cost for ownership, potentially impacting affordability.
Condominium Ownership Constraints: As a condominium, ownership entails adherence to HOA rules and regulations, potential for special assessments, and less autonomy over property modifications compared to a single-family home.

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