Request More Info
Schedule a Showing
Share
Print
|
1165 N Berendo St is an incredible opportunity to build a new construction multi-unit development in East Hollywood, walking distance to Silver Lake's Sunset Junction! 1165 N Berendo St is an SB-8 EXEMPT, NON-RENT CONTROLLED, OPPORTUNITY ZONE, FLAT, LARD1.5-1XL-zoned lot: an increasingly rare find in the LA landscape. With limited SB-8 exempt properties available, this is a prime chance to build without tenant relocation delays or replacement unit requirements—saving both time and money.Situated just off Vermont and Sunset, this location offers unbeatable walkability to some of the city’s most popular spots. Future tenants will love being steps from gourmet coffee at Go Get Em Tiger, brunch at Square One, and casual eats at HomeState and Maru Coffee. A short walk takes you to LA City College (a magnet for student renters), the Vermont/Sunset Metro Station for easy access to Downtown or Universal City (a draw for professional renters), and the bustling Kaiser Permanente medical campus. (ideal for medical staff who want to stay nearby and travel nurses). Barnsdall Art Park, Erewhon, and Sunset Junction are also less than a mile away, making this location as trendy as they come! With such strong demand for housing in this pocket of the city, new construction here is sure to command premium rents.The LARD1.5 zoning allows for 4 residential units (+ potential for ADU's), and with Executive Directive 1 (ED-1) incentives, there’s potential to maximize density and build more units than a traditional project. As the city continues pushing for more housing, ED-1 developments in prime areas like this could see significant long-term value growth.New construction in this neighborhood sells at a premium, and rental demand remains strong due to the area's transit accessibility, job centers, and vibrant local scene. Developers can capitalize on East Hollywood’s ongoing transformation and the constant need for high-quality housing. With the right design, this project could yield an exceptional return—whether you choose to build and sell or hold long-term for cash flow. Opportunities like this are becoming increasingly scarce—don’t miss your chance to develop in one of LA’s fastest-growing neighborhoods!
Property Type(s):
Lot/Land/Acreage
| Last Updated | 3/4/2025 | Community | Hollywood |
|---|---|---|---|
| County | Los Angeles |
Additional Details
| AREA | Hollywood |
|---|---|
| HOA DUES | 0 |
| LOT | 6752 sq ft |
| LOT DESCRIPTION | Near Public Transit, Rectangular Lot, Value In Land |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LARD1.5 |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Myunits.com Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
Twitter
Facebook
Email