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1159 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! 1159 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. DOUBLE LOT OPPORTUNITY: The neighboring lot, 1165 N Berendo, is also available and can be purchased alongside this property for a maximized exit price. Positioned just off Vermont and Sunset, the location offers unbeatable walkability to some of the city's most desirable amenities. Future tenants will enjoy coffee at Go Get Em Tiger, brunch at Square One, and local favorites like HomeState and Maru Coffee. LA City College is only steps away, attracting student renters, while the Vermont/Sunset Metro Station provides easy access to Downtown and Universal City for working professionals. The nearby Kaiser Permanente medical campus ensures steady demand from staff and travel nurses. Barnsdall Art Park, Erewhon, and Sunset Junction are also less than a mile away, cementing this address in one of the city's trendiest pockets. The LARD1.5 zoning allows for four residential units (plus potential ADUs), with additional density possible under Executive Directive 1 (ED-1). As Los Angeles continues its push for more housing, ED-1 projects in highly desirable neighborhoods like this stand to see outsized long-term value growth. New construction in East Hollywood commands premium pricing, with consistent rental demand driven by transit access, major job centers, and the area's thriving local scene. Developers here can expect strong returns, whether through a build-and-sell approach or by holding long-term for stable cash flow. Opportunities like this are increasingly scarce"”don't miss the chance to develop in one of LA's fastest-growing markets.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 10/14/2025 | Year Built | 0 |
|---|---|---|---|
| Community | C20 - Hollywood | County | Los Angeles |
Additional Details
| AREA | C20 - Hollywood |
|---|---|
| LOT | 6752 sq ft |
| LOT DESCRIPTION | Back Yard |
| UTILITIES | None |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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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.
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