$1,499,000
For Sale

210 N Berendo Street

Los Angeles, CA 90004
0.17 acres | #OC24193041
Listing OfficeBaabak Sharifan, Broker
Type:Purchase
Structure:Land
Zone:Residential

Description

We are proud to present for sale this development opportunity in Prime Wilshire Center - Koreatown. R3 zoning and TOC Tier 3 located on an expansive 7,502 square foot lot with 50 feet of frontage. Centrally positioned near Hollywood, Los Feliz, Hancock Park, Silver Lake, and Downtown. Highly walkable location with a Walk Score of 90. Situated in an area of rapid development, this property benefits from its close proximity to major transportation routes, employment hubs, healthcare facilities, and educational institutions. Unleash the full development potential of this lot by utilizing one of the many available state or local density bonus incentives. Commercial tenant in place operating a state licensed child day care facility offers great rental income to a long term investor or to a developer during the entitlement process. Owner has topo, soils and conceptual plans for 19 unit apartment building.

  • Property Details
      • Lot DescriptionNearPublicTransit, RectangularLot
      • ViewCityLights, Neighborhood
    • Measurements
      • Acres0.1722
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,547,000
  • Other
      • MLS #OC24193041

Location

Ann TrussellReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00