146 North Berendo Street 146 North Berendo Street Los Angeles, California 90004 United States
$1,375,000
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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...
- 688 m²
- Exterior
- Land
- Property type
- 25477901
- Web Id
- 25477901
- MLS ID
- 126
- days ago
This Property is Currently Contract Pending
About 146 North Berendo Street
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 or up to 30 units (mostly market rate units) under the new CHIP program. The land comes with 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 Courtesy of Gold Group Realty, Inc.
Listing Courtesy of Gold Group Realty, Inc.
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- Additional Listing Type
- In Contract
Listing Courtesy of Gold Group Realty, Inc.
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