Los Angeles, CA 90004,210 N Berendo
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$ 1,499,000
Est. payment | /mo

7,502 Sqft Lot


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$ 1,499,000
Est. payment | /mo
Save

7,502 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24193041

HOA Y/N No

Lot Size 7,502 Sqft

Acres 0.1722

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.
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

Area Los Angeles (90004)

Building

Lot Description Curbs, Sidewalks

Lot Size Range 7500-10889 SF

Others

Monthly Total Fees $31

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

San Diego Regional MLS (SDMLS)
Listed by Baabak Sharifan, Broker
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mike@mikedietzrealty.com

4955 Narragansett Ave, San Diego, California, 92107, USA

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210 N Berendo