146 N Berendo Street,Los Angeles,Los Angeles,Land

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!