146 Berendo St, Los Angeles, CA 90004
0.17 Acres of Residential Land Offered at $1,475,000 USD in Los Angeles, CA 90004
For Sale
Active
16 pictures
Asking Price $1,475,000
- Sale Condition
- Build to Suit
- Property Type
-
Land
Listing Contacts
- Property Info
Property Overview
Kevin Daniali and Dario Svidler of Partners CRE are pleased to present the
sale of a prime development opportunity in Koreatown at 146 N Berendo St,
Los Angeles, CA 90004. This vacant 7500 SF land, previously a single-family
house, is zoned R3-1, Tier 3 TOC, located within an Opportunity Zone, is
eligible for an designation to construct around 65 units.
The seller has secured entitlements for a 15-unit development with
subterranean parking but a savvy investor will likely redesign the project
into a higher density design. Berendo is walking distance to pretty much
all, including the Metro Subway Station waiting for the westward expansion
to Westwood, or take the Subway to Hollywood, Downtown, or connect to
practically anywhere in the Greater Los Angeles area!
sale of a prime development opportunity in Koreatown at 146 N Berendo St,
Los Angeles, CA 90004. This vacant 7500 SF land, previously a single-family
house, is zoned R3-1, Tier 3 TOC, located within an Opportunity Zone, is
eligible for an designation to construct around 65 units.
The seller has secured entitlements for a 15-unit development with
subterranean parking but a savvy investor will likely redesign the project
into a higher density design. Berendo is walking distance to pretty much
all, including the Metro Subway Station waiting for the westward expansion
to Westwood, or take the Subway to Hollywood, Downtown, or connect to
practically anywhere in the Greater Los Angeles area!
Property Details
- Property Subtype
- Residential/Multifamily
Highlights
- Prime K-town Development
- Demolished - Vacant Land
- Opportunity Zone
- Zone R3-1 Tier 3 TOC
- ED1 Eligible potential to build 57 units
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