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1148 N Berendo ST Los Angeles, CA 90029
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Key Details
Sold Price $950,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,484 sqft
Price per Sqft $640
MLS Listing ID 23241819
Sold Date 07/10/23
Bedrooms 2
Full Baths 2
Construction Status Fixer
HOA Y/N No
Year Built 1918
Lot Size 6,756 Sqft
Property Description
REDUCED! We are proud to exclusively present for sale a redevelopment opportunity in prime East Hollywood, a mere stone's throw to the Metro Station at Santa Monica and Vermont and Los Angeles City College. The existing Single Family Residence is most likely a tear down, but a Buyer may elect to rehab the existing structure and build 2 additional units in the back through the existing RD1.5 zoning or as ADUs. No RSO or Ellis Act to worry about. Being in a high transit area, a new owner may build 8 +/- units with the Tier 4 TOC designation or through the use of a Density Bonus. Focusing on a 100% Affordable Housing Project can yield even higher density utilizing AB2345. This highly in-demand neighborhood boasts countless restaurants, nightlife options, live music venues, comedy houses and more. This is a Walker's Paradise, in Walk Score's words! Sandwiched between Hollywood and Los Feliz, this property sits close to all that Silver Lake, Echo Park, Downtown LA, Northeast LA...have to offer. Short distance to the new Erewhon, to the Metro Station, to LA City College, to The Virgil, to 4100 Bar, to El Cid, to Courage Bagels, to Sqirl...it goes on and on. Hop on the Metro, free from traffic, and be almost anywhere in Los Angeles in practically no time at all. Property is in an Opportunity Zone!
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning RD1.5 1XL Tier 4
Interior
Heating Floor Furnace
Fireplaces Type Family Room
Furnishings Unfurnished
Fireplace Yes
Laundry See Remarks
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Gated
View Y/N No
View None
Attached Garage No
Total Parking Spaces 4
Private Pool No
Building
Story 1
Architectural Style Craftsman
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 5540021008
Security Features Gated Community
Special Listing Condition Standard
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Bought with Robert P. Gabai • Robert Gabai