Description
The subject property for sale is a prime development opportunity located at 210 n berendo street, los angeles ca 90004. located just 0.2 miles away from the metro red line station at beverly and vermont, tenants can benefit from the great location and numerous eateries nearby. zoned lar3-1 with a lot area of 7500 sq. ft., the site offers multiple development options under current zoning and recent legislative incentives. this site presents significant upside potential through various development pathways, including maximizing density through ed1 affordable housing incentives or small lot subdivisions. the citywide housing incentive program (chip) ordinance enables streamlined project review procedures and introduces new incentives for eligible project types in order to expand access to affordable housing near transit, jobs, along corridors, and in higher opportunity areas. through ed-1 you can potentially build 50+ units. please consult a qualified architect, structural engineer, and dry utility consultant to verify the physical feasibility and ensure compliance with relevant building codes and standards. a savvy investor also benefits from of the current cash flow the property is generating through the current tenant in place while going through the planning and development process. property currently has a family child care tenant that is paying $6,000 per month ($72,000 year) and the term is set to expire at the end of march 2026. as a result of the neighborhood's charm and desirability, there is robust demand for housing and long-term rent growth. the asset's location along with the development incentives are an excellent acquisition for a developer or long term investor.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
49367844
Sell a home like this and save $89,441 Find Out How
Statistics Bottom Ads 1
Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
Water/Sewer
- Sewer : Other,Sewer Tap Paid
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1722
- Lot Size Dimensions: 50x150
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 7502
-
Listing Information
Listing Price Information
- Original List Price: 1,499,000
- Listing Contract Date: 2025-04-14
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 5518026009
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C17 - Mid-Wilshire
- Postal Code Plus 4: 4704
- Directions: The Subject property is 210 N Berendo Street, Los Angeles CA 90004. The property is south of Beverly Blvd and north of 1st Street, just west of Vermont Avenue.
- Zoning: LAR3
- Source Property Type: Land
- Area: C17 - Mid-Wilshire
Building and Construction
- Year Built Source: Vendor Enhanced
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 04/28/2025 @ 03:11
- MLS: 25525449
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 7,502 sized lot, and 0 parking. are nearby neighborhoods.