Listing provided courtesy of Vlad Gold of Gold Group Realty, Inc.. Last updated 2025-04-19 08:21:01.000000. Listing information © 2024 CLAW.
Asking Price: $1,375,000
146 N Berendo, Los Angeles CA 90004
Community: C17 - Mid-Wilshire
This property was built in 0 and is priced at $1,375,000. Please see the additional details below.
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.
