Listing by: Vlad Gold, Gold Group Realty, Inc.
0 Beds
n/a Full bath
n/aSqFt
Active
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.
Property Details | ||
|---|---|---|
| Price | $1,375,000 | |
| Lot Size | 50x150 | |
| Lot Size Area | 7502 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.1722 | |
| Property Type | Land | |
| View | None | |
Geographic Data | ||
| Directions | South of Beverly Blvd, West of Vermont | |
| County | Los Angeles | |
| Latitude | 34.074101 | |
| Longitude | -118.293809 | |
| Market Area | C17 - Mid-Wilshire | |
Address Information | ||
| Address | 146 N Berendo Street, Los Angeles, CA 90004 | |
| Postal Code | 90004 | |
| City | Los Angeles | |
| State | CA | |
| Country | United States | |
Listing Information | ||
| Listing Office | Gold Group Realty, Inc. | |
| Listing Agent | Vlad Gold | |
| Special listing conditions | Standard | |
MLS Information | ||
| Days on market | 10 | |
| MLS Status | Active | |
| Listing Date | Jan 7, 2025 | |
| Listing Last Modified | Jan 17, 2025 | |
| Tax ID | 5518027003 | |
| MLS Area | C17 - Mid-Wilshire | |
| MLS # | 25477901 | |
This information is believed to be accurate, but without any warranty.