See all 9 photos
$1,300,000
Est. payment /mo
6,751 Sqft Lot
New
1159 N Berendo Los Angeles, CA 90029
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26240703
HOA Y/N No
Lot Size 6,751 Sqft
Property Description
Build sooner in prime East Hollywood. 1159 N Berendo St is an RTI development opportunity within walking distance of Silver Lake's Sunset Junction. The property will be delivered fully RTI for 4 units, SB 8 exempt, and outside the RSO, so the buyer can move directly to permit issuance at closing and get construction underway.
The flat, approximately 6,751 sq. ft. lot is zoned LARD1.5-1XL and located in an Opportunity Zone. The RTI plans call for two 3 story duplexes, one at the front of the lot and one at the rear, with homes ranging from approximately 1,280 to 1,350 sq. ft. A potential ADU could bring the project to 5 units, subject to city approval. Developers considering a larger project can also explore potential density under Executive Directive 1.
Just off Vermont and Sunset, the property is close to neighborhood favorites like HomeState, Go Get Em Tiger, and Square One, with Barnsdall Art Park and Sunset Junction also nearby. The Vermont/Sunset Metro Station, Kaiser Permanente medical campus, and Los Angeles City College give future residents easy access to transit, jobs, and campus.
For developers looking to sell the completed project or hold it for rental income, the appeal is simple. The 4 unit plans will be ready at closing, and there's room to explore a fifth unit.
The flat, approximately 6,751 sq. ft. lot is zoned LARD1.5-1XL and located in an Opportunity Zone. The RTI plans call for two 3 story duplexes, one at the front of the lot and one at the rear, with homes ranging from approximately 1,280 to 1,350 sq. ft. A potential ADU could bring the project to 5 units, subject to city approval. Developers considering a larger project can also explore potential density under Executive Directive 1.
Just off Vermont and Sunset, the property is close to neighborhood favorites like HomeState, Go Get Em Tiger, and Square One, with Barnsdall Art Park and Sunset Junction also nearby. The Vermont/Sunset Metro Station, Kaiser Permanente medical campus, and Los Angeles City College give future residents easy access to transit, jobs, and campus.
For developers looking to sell the completed project or hold it for rental income, the appeal is simple. The 4 unit plans will be ready at closing, and there's room to explore a fifth unit.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Fireplace No
Exterior
Community Features Sidewalks
Utilities Available None
View Y/N Yes
View Neighborhood
Building
Lot Description Back Yard
Water Public
New Construction No
Others
Senior Community No
Tax ID 5540023011
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Listed by Lauren Cearley Myunits.com Inc. 213-302-8662, DRE #02146823
NEARBY SCHOOL & BUSINESS
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