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1148 Berendo Street
Los Angeles, CA 90029
Sold
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!
PROPERTY INFORMATION
| MLS # | 23241819 | Lot Size | 6,755 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 999,000
Price Per SqFt: $ 673 |
DOM | 809 Days |
| Address | 1148 Berendo Street | Type | Residential |
| City | Los Angeles | Sq.Ft. | 1,484 Sq. Ft. |
| Postal Code | 90029 | Garage | 1 |
| County | Los Angeles | Year Built | 1918 |
| Bed / Bath | 2 / 2 | Parking | 4 |
| Built In | 1918 | Status | Closed |
| Sold Date | 2023-07-10 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | See Remarks |
| Has Fireplace | Yes |
| Fireplace Information | Family Room |
| Has Heating | Yes |
| Heating Information | Floor Furnace |
| Has Spa | No |
| SpaDescription | None |
| SecuritySafety | Gated Community |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,066
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 02/14/2023 | Listed | $1,250,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Christopher Soffer, Keller Williams Beverly Hills. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
