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1165 N Berendo St - 100% VACANT LAND DEVELOPMENT OPPORTUNITY 0.16 Acres of Commercial Land Offered at $1,349,450 CAD in Los Angeles, CA 90029
Investment Highlights
- 100% vacant ±6,752 SF residential development site
- Ideal for multiple project types
- Excellent transit access
- LARD1.5 zoning with Tier 3 TOC incentives
- Prime East Hollywood location
- Situated in a high-demand rental market
Executive Summary
We are pleased to present a rare, 100% vacant land development opportunity located at 1165 N Berendo Street in Los Angeles, California. The subject property is zoned for residential use and is delivered without any existing structures or improvements, eliminating the need for demolition and allowing for immediate development planning.
The site consists of approximately ±6,752 square feet of LARD1.5-zoned land and benefits from Tier 3 Transit Oriented Communities (TOC) incentives. This zoning designation provides a compelling opportunity for developers to pursue a variety of project types, including market-rate multifamily housing with TOC density bonuses, affordable housing developments, or a multi-duplex configuration.
Strategically located one block north of Santa Monica Boulevard in East Hollywood, the property offers excellent access to public transportation, with multiple nearby bus lines, as well as convenient proximity to the 101 Freeway. The site is ideally positioned within a high-demand rental market, surrounded by some of Los Angeles’ most sought-after neighborhoods, including Melrose, Fairfax, Los Feliz, Silver Lake, and Echo Park. Contact the listing broker for additional information.
The site consists of approximately ±6,752 square feet of LARD1.5-zoned land and benefits from Tier 3 Transit Oriented Communities (TOC) incentives. This zoning designation provides a compelling opportunity for developers to pursue a variety of project types, including market-rate multifamily housing with TOC density bonuses, affordable housing developments, or a multi-duplex configuration.
Strategically located one block north of Santa Monica Boulevard in East Hollywood, the property offers excellent access to public transportation, with multiple nearby bus lines, as well as convenient proximity to the 101 Freeway. The site is ideally positioned within a high-demand rental market, surrounded by some of Los Angeles’ most sought-after neighborhoods, including Melrose, Fairfax, Los Feliz, Silver Lake, and Echo Park. Contact the listing broker for additional information.
Property Facts
| Price | $1,349,450 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.16 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | LARD1.5 - Restricted Density Multiple | ||
| Price | $1,349,450 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.16 AC |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 - Restricted Density Multiple |
1 Lot Available
Lot
| Price | $1,349,450 CAD | Lot Size | 0.16 AC |
| Price Per AC | $8,705,848.23 CAD |
| Price | $1,349,450 CAD |
| Price Per AC | $8,705,848.23 CAD |
| Lot Size | 0.16 AC |
We are pleased to present a rare, 100% vacant land development opportunity located at 1165 N Berendo Street in Los Angeles, California
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Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5540-023-012 | Improvements Assessment | $337,113 CAD |
| Land Assessment | $1,048,804 CAD | Total Assessment | $1,385,917 CAD |
Property Taxes
Parcel Number
5540-023-012
Land Assessment
$1,048,804 CAD
Improvements Assessment
$337,113 CAD
Total Assessment
$1,385,917 CAD
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1165 N Berendo St - 100% VACANT LAND DEVELOPMENT OPPORTUNITY
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