146 N Berendo Street

Los Angeles, CA 90004

$1,375,000

List Price

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bed Beds

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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.

Listing Information

List Price $1,375,000
Status Active
MLS 25477901
Type Land
Lot Size 7,502
Structure Size N/A
Courtesy Of Gold Group Realty, Inc.
Listing Agent Vlad Gold DRE#01340166

Interior Features

Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: Vlad Gold, Gold Group Realty, Inc. 310-403-3969. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 7th, 2025 at 9:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.