There are multiple listings for this address:
The subject property is a 1,635 SF home on a flat 7,499 SF lot. The zoning is LAR3 – Tier 3 TOC. 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. The ownership has conceptual and architectural plans to build 19 units. Of the 19 proposed units, ten are to be 2 bedroom / 2 bathroom units and nine are to be 1 bedroom / 1 bathroom units. Alternatively take advantage of the ED-1 eligibility and build 21 low income housing units with no parking required and save considerable amount of time and construction costs. A savvy investor can also take advantage of the Red Line, focus on an Affordable Housing Project and forgo all parking requirements for the highest and best use of this land and potentially build 21 units. Property currently has a Family Child Care tenant that is paying $5,407.50 per month ($64,890 year) and the term is set to expire at the end of March 2025. Benefit from the income producing tenant while going forward with the planning and development process. 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 Details
Price:
$1,625,000
MLS #:
24-373577
Status:
Active
Baths:
0
Address:
210 N Berendo St
Type:
Land
Subtype:
Single Family Residence
Neighborhood:
midwilshire
City:
Los Angeles
Listed Date:
Mar 27, 2024
State:
CA
Lot Size:
7,502 sqft / 0.17 acres (approx)
Year Built:
1921
Schools
Interior
Exterior
Lot Location
City
Financial
See this Listing
Mortgage Calculator
Map
Community
- Address210 N Berendo St Los Angeles CA
- AreaMid-Wilshire
- CityLos Angeles
- CountyLos Angeles
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Courtesy of Meir Frydman at KW Advisors. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-05-12.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-05-12.
210 N Berendo St
Los Angeles, CA
The subject property is a 1,635 SF home on a flat 7,499 SF lot. The zoning is LAR3 – Tier 3 TOC. 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. The ownership has conceptual and architectural plans to build 19 units. Of the 19 proposed units, ten are to be 2 bedroom / 2 bathroom units and nine are to be 1 bedroom / 1 bathroom units. Alternatively take advantage of the ED-1 eligibility and build 21 low income housing units with no parking required and save considerable amount of time and construction costs. A savvy investor can also take advantage of the Red Line, focus on an Affordable Housing Project and forgo all parking requirements for the highest and best use of this land and potentially build 21 units. Property currently has a Family Child Care tenant that is paying $5,407.50 per month ($64,890 year) and the term is set to expire at the end of March 2025. Benefit from the income producing tenant while going forward with the planning and development process. 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 Details
Price:
$1,625,000
MLS #:
24-373603
Status:
Active
Beds:
3
Baths:
2
Address:
210 N Berendo St
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
midwilshire
City:
Los Angeles
Listed Date:
Mar 27, 2024
State:
CA
Finished Sq Ft:
1,635
Lot Size:
7,502 sqft / 0.17 acres (approx)
Year Built:
1921
Schools
Interior
Exterior
Lot Location
City
Financial
See this Listing
Mortgage Calculator
Map
Community
- Address210 N Berendo St Los Angeles CA
- AreaMid-Wilshire
- CityLos Angeles
- CountyLos Angeles
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