$1,375,000
For Sale

146 N Berendo Street

Los Angeles, CA 90004
Listing OfficeGold Group Realty, Inc.
Browse 2 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • CountyLos Angeles
      • Original List Price$1,375,000
      • Property TypePurchase
      • MLS #25477901
      • MLS #25477901
      • Cost1375000
      • Acres0.1722
      • Property SubtypeLand

Location

Shane FalkensteinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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