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Listed by Baabak Sharifan • Baabak Sharifan, Broker
$ 1,499,000
Est. payment /mo
New
210 North Berendo Street Los Angeles, CA 90004
7,502 Sqft Lot
UPDATED:
11/22/2024 08:52 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-24193041
Lot Size 7,502 Sqft
Property Description
We are proud to present for sale this development opportunity in Prime Wilshire Center - Koreatown. R3 zoning and TOC Tier 3 located on an expansive 7,502 square foot lot with 50 feet of frontage. Centrally positioned near Hollywood, Los Feliz, Hancock Park, Silver Lake, and Downtown. Highly walkable location with a Walk Score of 90. Situated in an area of rapid development, this property benefits from its close proximity to major transportation routes, employment hubs, healthcare facilities, and educational institutions. Unleash the full development potential of this lot by utilizing one of the many available state or local density bonus incentives. Commercial tenant in place operating a state licensed child day care facility offers great rental income to a long term investor or to a developer during the entitlement process. Owner has topo, soils and conceptual plans for 19 unit apartment building.
Location
State CA
County Los Angeles
Zoning LAR3
Exterior
Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban
View Y/N Yes
View City Lights
Building
Lot Description Lot 6500-9999, Near Public Transit, Rectangular Lot
Sewer Public Sewer