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Off Market
1/17

146 N Berendo St
Los Angeles, CA 90004


HIGHLIGHTS

  • Prime K-town Development
  • Demolished - Vacant Land
  • Opportunity Zone
  • Zone R3-1 Tier 3 TOC
  • ED1 Eligible potential to build 57 units

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!

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

Berendo Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

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APN/PARCEL ID

5518-027-003