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$1,375,000
Est. payment /mo
7,501 Sqft Lot
UPDATED:
12/05/2024 02:35 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24408169
HOA Y/N No
Lot Size 7,501 Sqft
Property Description
We are 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 57 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!
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5518027003
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Listed by Kevin Danialifar • Keller Williams Beverly Hills
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908