1159 N Berendo Active

Los Angeles,CA 90029

$ 1099000

- Bed

- Bath

6752 SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 6,752 sqft

Price per Sqft $162

MLS Listing ID CRBB25239726

Lot Size 6,752 Sqft

Property Sub-Type Unimproved Land

Property Description

1159 N Berendo St is an incredible opportunity to build a new construction multi-unit development in East Hollywood, walking distance to Silver Lake's Sunset Junction! 1159 N Berendo St is an SB-8 EXEMPT, NON-RENT CONTROLLED, OPPORTUNITY ZONE, FLAT, LARD1.5-1XL-zoned lot: an increasingly rare find in the LA landscape. With limited SB-8 exempt properties available, this is a prime chance to build without tenant relocation delays or replacement unit requirements, saving both time and money. DOUBLE LOT OPPORTUNITY: The neighboring lot, 1165 N Berendo, is also available and can be purchased alongside this property for a maximized exit price. Positioned just off Vermont and Sunset, the location offers unbeatable walkability to some of the city's most desirable amenities. Future tenants will enjoy coffee at Go Get Em Tiger, brunch at Square One, and local favorites like HomeState and Maru Coffee. LA City College is only steps away, attracting student renters, while the Vermont/Sunset Metro Station provides easy access to Downtown and Universal City for working professionals. The nearby Kaiser Permanente medical campus ensures steady demand from staff and travel nurses. Barnsdall Art Park, Erewhon, and Sunset Junction are also less than a mile away, cementing this address in one of the

Location

State CA

County Los Angeles

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