214 North Berendo Street

Los Angeles, CA 90004

$2,730,000
Last Sold Price
15,000 / 0.34
Lot Size / Acres

Description

We are proud to exclusively present for sale a Redevelopment Opportunity in the Koreatown! Among the most in-demand neighborhoods for people and right in the middle of everything, this property can benefit tremendously from it's proximity to the Metro Red Line Station at Beverly and Vermont, 0.2 Miles away. The Sellers have submitted for a 35 Unit Project on this double-lot with 100 feet of frontage, but a Buyer could utilize AB2345 and AB1763 to maximize the units to be built, as the only restriction...We are proud to exclusively present for sale a Redevelopment Opportunity in the Koreatown! Among the most in-demand neighborhoods for people and right in the middle of everything, this property can benefit tremendously from it's proximity to the Metro Red Line Station at Beverly and Vermont, 0.2 Miles away. The Sellers have submitted for a 35 Unit Project on this double-lot with 100 feet of frontage, but a Buyer could utilize AB2345 and AB1763 to maximize the units to be built, as the only restriction would be FAR 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! Your tenants will be able to rely on human locomotion or the Red Line for any and all needs that may present themselves. Surrounded by nightlife, restaurants, shopping and more, this property is central to all! The existing SFR and Duplex will be delivered vacant! This property is located in a Qualified Opportunity Zone! Transaction includes 2 APNs: 5518-026-007 & 5518-026-008.
  1. Listed by Dario Svidler • DRE #01884474 • Brokerage DRE #01425795 • Keller Williams Beverly Hills
  2. Listed by Ariel Sayani • DRE #02072610 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 214 North Berendo Street

Zoning
R3-1 Tier 4
Parcel Number
5518026008
Area
Mid-Wilshire (C17)
Lot Size Area
15000
Source Lot Size Area
Assessor
Present Use
Duplex and SFR
Potential Usage
Maximize Density with an Affordable Housing Project
Assessor Parcel Number
5518-026-008

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Ariel Sayani, DRE #02072610

Sold By Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Ariel Sayani, DRE #02072610

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LISTING UPDATED: 07/12/2023 01:32 PM

Property Details for 214 North Berendo Street

StatusSold
MLS #23-269158
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.34 AC
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Ariel Sayani, DRE #02072610

Sold By Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Ariel Sayani, DRE #02072610

Add your commute

Building Information for 214 North Berendo Street

Lot Size0.34 AC

Payment Calculator

$16,463 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,899

Property Taxes

$1,564

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 214 North Berendo Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: City, Other
  • View: City Lights
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control, Methane Gas
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Rent Control, Methane Gas
  • Lot Acreage: 0.3444
  • Lot Size Square Feet: 15000
  • Lot Size Dimensions: 100x150
  • Source Lot Size Dimensions: Assessor
  • Telephone: 1.0
  • Cable: 1.0
  • Possible New Zone: Affordable Housing Project
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 05-10-2023

Property History for 214 North Berendo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 214 North Berendo Street

Taxable ValueLand$1,224,000Additions$306,000Total$1,530,000
Tax Record2023$18,766 ($1,564 / month)
Home Facts
Beds6Total Finished SqFt2,674 SqFtAbove Grade Finished SqFt2,674 SqFtStories1Lot Size7,500 SqFtStyleSingle Family ResidenceYear Built1921ZoningLAR3CountyLOS ANGELESAPN5518-026-008

Schools near 214 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

Academic Leadership Community 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Ariel Sayani, DRE #02072610

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.