210 North Berendo Street
210 North Berendo Street
$1,625,000
3
2
1,635
1,635
$994
Description
The subject property is a 1,635 SF home on a flat 7,499 SF lot. The zoning is LAR3 - Tier 3 TOC. Located just 0.2 Miles away from the Metro Red Line Station at Beverly and Vermont, tenants can benefit from the great location and numerous eateries nearby. The ownership has conceptual and architectural plans to build 19units. Of the 19 proposed units (17 units plus 2 ADU's), ten are to be 2 bedroom / 2 bathroom units and nine are tobe 1 bedroom / 1 bathroom units. Alternatively take advantage of the...The subject property is a 1,635 SF home on a flat 7,499 SF lot. The zoning is LAR3 - Tier 3 TOC. Located just 0.2 Miles away from the Metro Red Line Station at Beverly and Vermont, tenants can benefit from the great location and numerous eateries nearby. The ownership has conceptual and architectural plans to build 19units. Of the 19 proposed units (17 units plus 2 ADU's), ten are to be 2 bedroom / 2 bathroom units and nine are tobe 1 bedroom / 1 bathroom units. Alternatively take advantage of the ED-1 eligibility and build 21 low income housing units (17 units plus 4 ADU's) with no parking required and save considerable amount of time and construction costs. A savvy investor can also take advantage of the Red Line, focus on an Affordable Housing Project and forgo all parking requirements for the highest and best use of this land and potentially build 21 units. Property currently has a Family Child Care tenant that is paying $5,407.50 per month ($64,890 year) and the term is set to expire at the end of March 2025. Benefit from the income producing tenant while going forward with the planning and development process. As a result of the neighborhood's charm and desirability, there is robust demand for housing and long-term rent growth. The asset's location along with the development incentives are an excellent acquisition for a developer or long term investor.
- Listed by Meir Frydman • DRE #01910722 • Brokerage DRE #01854200 • KW Advisors
Property Details for 210 North Berendo Street
Zoning
LAR3
StyleUnknown
Parcel Number5518026009
Living Area1635
Source Living AreaVendor Enhanced
AreaMid-Wilshire (C17)
Lot Size Area7502
Source Lot Size AreaVendor Enhanced
Location
LISTING UPDATED: 05/13/2024 10:49 AM
Property Details for 210 North Berendo Street
Status | Active |
---|---|
MLS # | 24-373603 |
Days on Market | 68 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1921 |
Lot Size | 0.17 AC / 7,502 SF |
County | Los Angeles County |
Location
Building Information for 210 North Berendo Street
Stories1Year Built1921Building Size-Lot Size0.17 AC / 7,502 SF
Payment Calculator
$10,316 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 210 North Berendo Street
Property History for 210 North Berendo Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 210 North Berendo Street
Taxable ValueLand$397,573Additions$99,385Total$496,958
Tax Record2023$17,379 ($1,448 / month)
Home Facts
Beds3Total Finished SqFt1,635 SqFtAbove Grade Finished SqFt1,635 SqFtStories1Lot Size7,499 SqFtStyleSingle Family ResidenceYear Built1921ZoningLAR3CountyLOS ANGELESAPN5518-026-009
Schools near 210 North Berendo Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Frank Del Olmo Elementary School PublicK to 5 | ||
Virgil Middle School Public6 to 8 | ||
Contreras Learning Center-School Of Social Justice Public9 to 12 | ||
Belmont Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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