2
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$1,375,000
Est. payment /mo
7,502 Sqft Lot
New
146 N Berendo St Los Angeles, CA 90004
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UPDATED:
01/07/2025 08:21 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25-477901
Lot Size 7,502 Sqft
Acres 0.1722
Property Description
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. If a smaller scale project is more appealing to you, also included are 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.
Location
State CA
County Los Angeles
Area Mid-Wilshire
Zoning LAR3
Exterior
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Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Gold Group Realty, Inc.