525 S Berendo Street 314
Los Angeles, CA, 90020
$549,000
MLS: PW25250301
Beds
2
Baths
2
Sq Ft
867
Lot
0.65 ac
Year Built
1991
MLS #
PW25250301
Days on Market
99
Listed
Oct 29, 2025
Description
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!
Location
Los Angeles, Los Angeles County, CA 90020
Open on Google Maps ↗Listed by: Kyoung Lee · Redpoint Realty
Payment estimate
$4,114
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $54,900 · Loan: $494,100
- Principal & Interest
- $3,036
- Property tax (1.25%)
- $572
- Homeowners insurance
- $300
- Mortgage insurance
- $206
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $19,215 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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