1159 N Berendo, Los Angeles, CA 90029
1159 N Berendo, Los Angeles, CA 90029
1159 N Berendo, Los Angeles, CA 90029
9
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$1,300,000
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6,751 Sqft Lot
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1159 N Berendo Los Angeles, CA 90029

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

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.

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

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Patrick Fossati

Patrick Fossati

Broker Associate License ID: 01907255

+1(805) 910-0463

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