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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$1,300,000

Est. payment - /mo

6,752 Sqft Lot

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26240703

Lot Size 6,752 Sqft

Property Sub-Type Lots/Land

Property Description

Build sooner in prime East Hollywood. 1159 N Berendo St is an RTI development opportunity within walking distance of Silver Lakes 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 theres room to explore a fifth unit.

Location

State CA

County Los Angeles

Direction From the 101 Freeway, take the Santa Monica Blvd exit. Head east on Santa Monica Blvd for about half a mile, then turn left on B

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 5540023011

Virtual Tour https://www.myunits.com/buy/1159nberendo

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Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.
Co-listed byCheyenne Womack • Myunits.com Inc.

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker License ID: 01405369

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1159 N Berendo Los Angeles, CA 90029

Patricia Beattie

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

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