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137 N Berendo St

Los Angeles, CA 90004
  • $1,425,000
  • STATUS: Active Under Contract
  • ON SITE: 36 Days
  • ID#: 22-160491
Under Contract
UPDATED: 42 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:
Area:

School Ratings & Info

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 the Combined LA/Westside Multiple Listing Service as of 2022-06-30T08:42:35.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/129073953
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137 N Berendo St Los Angeles, CA 90004

  • Price: $1,425,000
  • Status: Active Under Contract
  • On Site: 36 Days
  • Updated: 42 min ago
  • ID#: 22-160491
4
Beds
2
Baths
0
½ Baths
0.18
Acres
3,024
SQFT
$471
$/SQFT
1921
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
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

Building Type Attached Lot Size Area 7799 Other Structures Other Parking Garage Other Pool Description None Pool YN No Spa None Spa YN No Style Other Total Parking 2 View Description Other View YN Yes

Interior Features

Baths Total 2.00 Common Walls Attached Cooling Other Den No Dining Room No Equipment Other Family Room No Fireplace Rooms Other Flooring Other Furnished Unfurnished Heating Other Laundry Other One Quarter Baths 0 Rooms Other

Property Features

Hoa Yn No Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Adam Shamooelian DRE# of Keller Williams Beverly Hills.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-30T08:42:35.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064