1134-1138 S Berendo Street
Los Angeles, CA
Multi-family for Sale - $2,300,000 - 4,577 Sq. Ft. on 0.29 acres
Property Info
| CIMLS# | 957689 |
| Location 1134-1138 S Berendo Street Los Angeles CA 90006 | |
| Updated | November 12th, 2017 |
| Type | Multi-family |
| Price | $2,300,000 |
| Building | 4,577 Sq. Ft. |
| Land | 0.29 acres |
Property Description
Rosano Partners has been selected exclusively to market for sale an exceptional development opportunity in Koreatown. The subject property has 92 feet of frontage along Berendo Street with a depth of 135 feet. Zoning for the development site allows for 31 units and a 3:1 FAR. If desired, a developer can increase the number of units by utilizing a density bonus. Both multi-family and condo projects are feasible at this location. Truly a gem of a site within the booming Koreatown neighborhood.
Location Description:
Subject property is located along Berendo Street just south of 11th. Right across the street from Berendo Middle School and just a block from Hannam Chain Grocery Store and many restaurants. With a large 228 Unit Condominium complex slated to break ground at the SEC of Vermont and Olympic, this gateway section of Koreatown will have even more access to amenities. With its 91 Walk Score, this site is sure to attract many residents for years to come.
Highlights:
>> 91 Walk Score
>> 31 Units By Right
>> 3:1 FAR
>> Excellent Location
>> 92 Feet of Frontage
>> Double Lot
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