Asking Price: $985,000 | ​​​​​​​

We are pleased to present a rare, 100% vacant land development opportunity located at 1165 N Berendo Street in Los Angeles, California. The subject property is zoned for residential use and is delivered without any existing structures or improvements, eliminating the need for demolition and allowing for immediate development planning. The site consists of approximately 6,752 square feet of LARD1.5-zoned land and benefits from Tier 3 Transit Oriented Communities (TOC) incentives. This zoning designation provides a compelling opportunity for developers to pursue a variety of project types, including market-rate multifamily housing with TOC density bonuses, affordable housing developments, or a multi-duplex configuration. Strategically located one block north of Santa Monica Boulevard in East Hollywood, the property offers excellent access to public transportation, with multiple nearby bus lines, as well as convenient proximity to the 101 Freeway. The site is ideally positioned within a high-demand rental market, surrounded by some of Los Angeles' most sought-after neighborhoods, including Melrose, Fairfax, Los Feliz, Silver Lake, and Echo Park. Contact the listing broker for additional information.