Laura Jewett

Laura Jewett

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$625,000

($175,138 down)
FHA

525 S Berendo Street UNIT 212, Los Angeles, CA 90020

2
2
889 sqft
PITI Monthly
$3,272.82 /mo

Listing courtesy of: Hosh Maha, Christie's International Real Estate SoCal

Assumed Rate

2.96%
7.15%

Principal & Interest

$2,100 /mo
$3,382 /mo

What's Special

SERENE
DINING
SPACIOUS
MODERN
LUXURY
FIREPLACE
WALK-IN CLOSET
BALCONY
FITNESS CENTER
CITY VIEWS
COZY

In the heart of Koreatown, welcome to this 2-bed, 2-bath condo, where everything you need is just steps away. A rare gem in the city, this sophisticated residence seamlessly blends contemporary upgrades with an array of top-tier amenities, offering a truly elevated lifestyle. Featuring an open-concept design, sleek laminate flooring, and a chic fireplace, it creates an inviting and cozy ambiance. The primary suite is a serene retreat, featuring a private balcony, a spacious walk-in closet, and an en-suite bathroom. Enjoy modern comfort with a Google Nest smart HVAC system, installed in 2021, allowing you to adjust heating and cooling from your phone for the ideal climate year-round. And with in-unit laundry and two dedicated parking spaces, convenience is built right in. Beyond the unit, indulge in a suite of upscale building amenities designed to enrich your lifestyle. Unwind in the rooftop spa with breathtaking city views, stay active in the fully equipped fitness center, and rejuvenate in the dry sauna. Challenge yourself on the private racquetball court or host gatherings in the stylish recreation lounge. Located in one of the most dynamic neighborhoods in Los Angeles, you're just steps from the finest dining, trendy cafes, bustling markets, and vibrant nightlife Koreatown has to offer. This isn't just a home it's a lifestyle of sophistication, convenience, and luxury. Opportunities like this are rare. Schedule your private tour today and experience the epitome of urban luxury living.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.96
Remaining Loan Term
25 years, 4 months
Monthly PITI
$3,272.82/mo
Estimated Loan Balance
$450,851
Cash to close
$175,138
Interest Paid
$65,734

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Other
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 0
  • Home type: Condominium
  • Architectural Style: SeeRemarks
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1991
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Gated
HOA
  • Has HOA: Yes
  • HOA Name: 525 Berendo Towers
  • HOA Amenities: Unknown
  • HOA Fee: $350
  • HOA Frequency: $Monthly
Location
  • Region: Los Angeles

Financial Details

  • Price per Sqft: $703.04
  • Tax Annual Amount: $7812.5
  • On Market Date: 2025-03-03T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $175,138 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $175,138!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$449,862
Your Cash$175,138
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$2,100/mo
Traditional @ 7.5%
$3,508/mo
You save $1,408/month ($16,894/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25505535

Listing From:

Last updated: 2025-03-13T01:52:40.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.96%
7.15%

Principal & Interest

$2,100 /mo
$3,382 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $175,138 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $175,138!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$449,862
Your Cash$175,138
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$2,100/mo
Traditional @ 7.5%
$3,508/mo
You save $1,408/month ($16,894/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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