146 N Berendo Street, Los Angeles, CA 90004

About this property

Prime development opportunity located in Korea Town within Qualified Opportunity Zone. Vacant 7,500sf flat lot, zoned R3-1, Tier 3 TOC, presents an amazing opportunity to develop up to 59-units affordable housing project with NO parking requirements or up to 30 units (mostly market rate units) under the new CHIP program. The land comes with an approved set of plans with ready to issue permits (RTI) to build a 15-unit apartment building over a single level subterranean garage. This site is located within a few minutes walking distance to Vermont/Beverly Metro Station (B-Line) and is otherwise centrally positioned within a highly densely populated neighborhood with high demand for rental units.

Listing description from the May 2025 sale, as reported to CRMLS.

Sale history

$1,275,000

Sold May 2025 · listed $1,375,000, on market January 2025 · MLS #25477901 · Source: CRMLS

Listing Agent: Vlad Gold · Listing Office: Gold Group Realty, Inc. · Contact: 310-800-1199 · Bought with: Runjing Chen · Coldwell Banker Realty Pasadena

$1,115,000

Sold May 2018 · listed $1,198,000, on market March 2018 · MLS #18319318 · Source: CRMLS

Listing Agent: Vinnie Park · Listing Office: Coldwell Banker Residential Br · Contact: 323-464-9272 · Bought with: Subscriber Non · Non-Participant Office

$955,000

Sold February 2017 · listed $949,000, on market December 2016 · MLS #16185736 · Source: CRMLS

Listing Agent: Sharona Farhadian · Listing Office: Keller Williams Studio City · Contact: 818-432-1500 · Bought with: Sharona Farhadian · Keller Williams Studio City

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