1148 N Berendo St, Los Angeles, Los Angeles County, CA, 90029 Los Angeles CA US
Property Details
Bedrooms
2
Bathrooms
2
Neighborhood
East Hollywood
Property Type
Lots And Land
Description
Partners CRE and BeachRock Group are proud to exclusively present for sale a redevelopment opportunity in prime East Hollywood, a mere stone's throw to the Metro Station at Santa Monica and Vermont and Los Angeles City College.The existing Single Family Residence is most likely a tear down, but a Buyer may elect to rehab the existing structure and build 2 additional units in the back through the existing RD1.5 zoning or as ADUs. No RSO or Ellis Act to worry about.Being in a high transit area, a new owner may build 8 units with through the Tier 4 TOC designation or through the use of a Density Bonus. Focusing on a 100% Affordable Housing Project can yield even higher density utilizing AB2345.This highly in-demand neighborhood boasts countless restaurants, nightlife options, live music venues, comedy houses, public transportation, and more. Property is in an Opportunity Zone! Find out more about this property. Request details here
Location
Address
1148 North Berendo Street, Los Angeles, California 90029, United States
City
Los Angeles
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