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137 N Berendo Street

Los Angeles (City), CA 90004
  • $1,425,000
  • STATUS: Active Under Contract
  • ON SITE: 33 Days
  • ID#: 22160491
Under Contract
UPDATED: 72 min ago
$1,425,000
  • 4
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,024
    SQFT
  • $471
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Adam Shamooelian of Keller Williams Beverly Hills (310-432-6400)


Description

We are pleased to present the opportunity to acquire this incredible development opportunity, located in the East Hollywood/Koreatown submarket. The site offers a zoning ordinance of LAR3, which allows for the construction of 9 units by right and 17 units using TOC Tier 3 Density Bonus. The property features a premier location, walking distance to numerous amenities, restaurants and employment centers and within close proximity to some of the biggest names in the entertainment industry such as Netflix, Sunset Gower Studios, Paramount Studios, Viacom, and NBC Universal. Central location between Hancock Park, Koreatown, East Hollywood, and Silver Lake makes this an ideal investment for developers looking for top of the market rents. There is a single family residence currently on the lot that is owner occupied and will be delivered vacant at the close of escrow.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-27T07:32:32.987. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/129070233
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137 N Berendo Street Los Angeles (City), CA 90004

  • Price: $1,425,000
  • Status: Active Under Contract
  • On Site: 33 Days
  • Updated: 72 min ago
  • ID#: 22160491
4
Beds
2
Baths
0
½ Baths
0.18
Acres
3,024
SQFT
$471
$/SQFT
1921
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
We are pleased to present the opportunity to acquire this incredible development opportunity, located in the East Hollywood/Koreatown submarket. The site offers a zoning ordinance of LAR3, which allows for the construction of 9 units by right and 17 units using TOC Tier 3 Density Bonus. The property features a premier location, walking distance to numerous amenities, restaurants and employment centers and within close proximity to some of the biggest names in the entertainment industry such as Netflix, Sunset Gower Studios, Paramount Studios, Viacom, and NBC Universal. Central location between Hancock Park, Koreatown, East Hollywood, and Silver Lake makes this an ideal investment for developers looking for top of the market rents. There is a single family residence currently on the lot that is owner occupied and will be delivered vacant at the close of escrow.
Exterior Features

Architectural Style Other Parking Total 2 Pool Features None Pool Private YN No Spa Features None Spa YN No View YN Yes

Property Features

Association YN No Laundry Features See Remarks Listing Agreement Seller Reserved Listing Service Full Service New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Special Listing Conditions Standard Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-27T07:32:32.987. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Adam Shamooelian of Keller Williams Beverly Hills (310-432-6400)