Los Angeles, CA 90004,210 N Berendo Street
Los Angeles, CA 90004,210 N Berendo Street
Los Angeles, CA 90004,210 N Berendo Street
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$1,499,000
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7,502 Sqft Lot
Active

210 N Berendo Street Los Angeles, CA 90004

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL25525449

HOA Y/N No

Lot Size 7,502 Sqft

Acres 0.17

Property Sub-Type Unimproved Land

Property Description

The subject property for sale is a prime development opportunity located at 210 N Berendo Street, Los Angeles CA 90004. Located just 0.2 Miles away from the Metro Red Line Station at Beverly and Vermont, tenants can benefit from the great location and numerous eateries nearby. Zoned LAR3-1 with a lot area of 7500 sq. ft., the site offers multiple development options under current zoning and recent legislative incentives. This site presents significant upside potential through various development pathways, including maximizing density through ED1 affordable housing incentives or Small Lot Subdivisions. The Citywide Housing Incentive Program (CHIP) Ordinance enables streamlined project review procedures and introduces new incentives for eligible project types in order to expand access to affordable housing near transit, jobs, along corridors, and in higher opportunity areas. Through ED-1 you can potentially build 50+ units. Please consult a qualified architect, structural engineer, and dry utility consultant to verify the physical feasibility and ensure compliance with relevant building codes and standards. A savvy investor also benefits from of the current cash flow the property is generating through the current tenant in place while going through the planning and development proc

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Exterior

Utilities Available Other Water/Sewer

View Y/N false

View None

Building

New Construction No

Others

Tax ID 5518026009


Bridge MLS
Listed by Meir Frydman • KW SELA

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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210 N Berendo Street