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734 South Berendo Street

734 South Berendo Street, Los Angeles, CA 90005
Sold Jul 25, 1997
$75,000
$1,000,000 by Jpmorgan Chase Bank Na
Mortgage
Sold Oct 25, 1996
Transfer
$435,000 by Highland Federal Bank Fsb
Mortgage Due Nov 01, 2016
734 South Berendo Street in Los Angeles, CA was first built in 1965 and is 59 years old. This has been categorized as a residential property type. There are a total of 3 floors. In terms of bathrooms, there are a total of 32 full bathrooms. There are 32 partial bathrooms. 734 South Berendo Street has 17,946 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 8,710 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of roll composition. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as fair. The exterior walls of the home are made of stucco. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 734 South Berendo Street sold most recently in Jul 3, 1997 for a total of $75,000. If you work out the math, that's approximately a cost of $4.18 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $45,268 in taxes each year. 734 South Berendo Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,135,156. If we break it down further, the land itself was valued at $2,021,563. Improvements to the property, however, were assessed at a total of $1,113,593. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 32
  • Full Bathrooms: 32
  • Partial Bathrooms: 32
  • Building Condition: Fair
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 3
  • Living Units: 26
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,710
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 600
  • Total Building Area: 17,946
  • Gross Building Area: 17,946
  • Building Area: 17,946
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 17,946
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSHIRE BOULEVARD HEIGHTS
  • Land Acres: 0.2
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: WILSHIRE BOULEVARD HEIGHTS N 10 FT OF LOT 19 AND ALL OF LOT/SEC 20 BLK/DIV/TWN G

Ownership

  • Current Owner : WEISS HENRY
  • Previous Owner : WEISS JEFFREY S
  • Previous Owner 2: WEISS RITA L
  • Owner Before Previous Owner: 1994-S2 PROPERTIES LTD PARTNERSHIP
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 212303

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 43-F2
  • Parcel: 5094-010-013
  • Block: G
  • Lot: 19
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0587
  • Longitude: -118.294

    Address

  • Full Address: 734 S Berendo St
  • Address - House Number: 734
  • Street Direction: S
  • Address - Street Name: Berendo
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C067
  • 4-Digit Zip Code: 1655
  • Zip Code: 90005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $45,268
  • Tax Rate Code Area: 06-657

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 3,002,746
  • High Value: 3,666,482
  • Low Value: 2,339,009

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 31, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,135,156
  • Assessed Land Value: $2,021,563
  • Assessed Improvements Value: $1,113,593

    Sales

  • Current Sale Contract Date: Jul 03, 1997
  • Current Sale Recording Date: Jul 25, 1997
  • Current Sale Transaction ID: 1032464912
  • Current Sale Price: $75,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 97-1131397
  • Previous Sale Recording Date: Oct 25, 1996
  • Previous Sale Contract Date: Oct 16, 1996
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: HIGHLAND FEDERAL BANK FSB
  • Previous Mortgage Transaction Date: Oct 25, 1996
  • Previous Mortgage Loan Amount: $435,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 01, 2016

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Frequently Asked Questions

What neighborhood is 734 South Berendo Street located in?
The 734 South Berendo Street is a located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 734 South Berendo Street?
The average sales price for units in 734 South Berendo Street is $0 currently.

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