146 N Berendo Street, Los Angeles, CA 90004 - Berkshire Hathaway HomeServices California Properties

146 N Berendo Street, Los Angeles, CA 90004

$1,375,000 Approx. USD 0 beds, 0 baths

Listing Agent


Vlad Gold | vladgold37@gmail.com
Lic#: 01340166
Broker: Courtesy of Gold Group Realty, Inc.

Agent Remarks

Prime development opportunity located in Korea Town within Qualified Opportunity Zone. Vacant 7,500sf flat lot, zoned R3-1, Tier 3 TOC, presents an amazing opportunity to develop up to 59-units affordable housing project with NO parking requirements or up to 30 units (mostly market rate units) under the new CHIP program. The land comes with an approved set of plans with ready to issue permits (RTI) to build a 15-unit apartment building over a single level subterranean garage. This site is located within a few minutes walking distance to Vermont/Beverly Metro Station (B-Line) and is otherwise centrally positioned within a highly densely populated neighborhood with high demand for rental units.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 25477901
Price: $1,375,000
Beds: 0
Baths: 0
0.17 acres
Lot size: 0.1722
County: Los Angeles
Zoning: LAR3
MLS area: C17 - Mid-Wilshire

Last Updated: 1/19/2025

 Days On Market (DOM): 68

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This listing belongs to the C17 - Mid-Wilshire MLS area

Lat/Long: 34.074101, -118.293809.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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