$2,730,000
Sold

214 N Berendo Street

Los Angeles, CA 90004
Listing OfficeKeller Williams Beverly Hills
Type:Purchase
Structure:Land
Zone:Residential

Description

We are proud to exclusively present for sale a Redevelopment Opportunity in the Koreatown! Among the most in-demand neighborhoods for people and right in the middle of everything, this property can benefit tremendously from it's proximity to the Metro Red Line Station at Beverly and Vermont, 0.2 Miles away. The Sellers have submitted for a 35 Unit Project on this double-lot with 100 feet of frontage, but a Buyer could utilize AB2345 and AB1763 to maximize the units to be built, as the only restriction would be FAR Take advantage of the Red Line, focus on an Affordable Housing Project and forgo all parking requirements for the highest and best use of this land! Your tenants will be able to rely on human locomotion or the Red Line for any and all needs that may present themselves. Surrounded by nightlife, restaurants, shopping and more, this property is central to all! The existing SFR and Duplex will be delivered vacant! This property is located in a Qualified Opportunity Zone! Transaction includes 2 APNs: 5518-026-007 & 5518-026-008.

  • Property Details
      • Property SubtypeSingle Family Residence
      • School DistrictVictoria ISD
      • Property TypeResidential
      • StyleTraditional
      • SubdivisionHillcrest
      • Cost169900
      • MLS #422132
      • Acres0.24
      • Square Feet1129
      • Built In1942
      • Bedrooms2
      • Bathrooms1
      • Garage Spaces2

Location

Bill PavkovReal Estate Group
OR