Address
311 S Berendo Street Los Angeles, CA
Price
$ 2,650,000
Property Attributes
  • MLS#20657688
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90020
  • Style
  • Price$ 2,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,153 SqFt
Listing Provided Courtesy Of:
Filip Niculete with Marcus & Millichap.
Data Source:
CRMLS
Property Description

We are pleased to present 311 South Berendo Street, a development site, in the 90020 zip code of Koreatown. One of the most desirable rental pockets in the city and within walking distance to many of city's most popular restaurants and social centers such as Sweetgreens, Blue Bottle, Silverlake Ramen, and Quarters Korean Barbecue just to name a few! The site is zoned C2-1/R4 and is ready-to-issue permits (RTI) for 30 units plus 391 square feet of ground floor retail. The unit count consists of (13)- 1 Bedroom and (17)- 2 Bedroom units with 3 of these units dedicated to Extremely Low Income. The stories consist of a common area roof deck over 5 stories of type IIIA residential over 1 story of type IA residential over 1 story of type IA commercial and parking and over 1 level of subterranean parking. With a Walk Score of 94, the site is ideally located in a popular and dense rental market. Los Angeles' Koreatown is one of the densest neighborhoods in the United States and has the second most Korean population outside of Korea itself! The 2000 census counted an average of 42,611 people per square mile, the highest density of any community in Los Angeles County. In 2019, the city estimated the population to be 126,993 residents.

Price History
11/10/2020 Listed $2,650,000

General Features

Listing Agent Filip Niculete - BRE#01905352
Listing Agent State License 01905352
MLS Area C17 - Mid-Wilshire
Property Type Land
Sewer Other
View None
Zoning LAC2

Exterior Features

Lot Size Acres 0.16
Lot Size Area 7153
Lot Size Square Feet 7153
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90020

Price
AVG $2.18M
$2.65M
Visits
AVG 28
139
Walkscore
AVG 93
94
Data Provided by Walkscore ® not using MLS data

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