$1,895,000

311 S Berendo Street, Los Angeles, CA 90020

7,155 sqft

Land
Built in ——
6,970sqft lot
—— car garage
$265/sqft
Listed 18 days ago

Property Description

The LAAA Team and The Liberow Group of Marcus & Millichap are pleased to present 311 S Berendo Street, an unentitled raw land development site strategically positioned in the heart of Koreatown, one of Los Angeles' most vibrant, transit oriented, and consistently high demand rental markets. Surrounded by dense residential neighborhoods, walkable retail corridors, and extensive Metro connectivity, this 7,153 SF C2-zoned parcel offers developers a rare combination of prime urban location and exceptional land-use flexibility.Highly sought after for its development friendly commercial zoning, C2 accommodates a broad range of residential and mixed-use concepts. This zoning classification allows developers to explore multiple execution strategies, from MIIP-driven multifamily and mixed-income housing to for-sale product or efficient low-rise configurations.PropertyUnder MIIP and TOIA eligibility, the site can unlock generous density, height, and FAR bonuses, enabling a highly efficient design that maximizes buildable area, reduces soft cost exposure, and leverages zero-parking provisions to further enhance project feasibility. These incentives allow developers to pursue a range of building types with minimal entitlement friction and a meaningfully accelerated path from acquisition to c

Listing Status:: Active
Date Added:: December 5, 2025 at 06:00AM
Listing Office:: Marcus & Millichap : 818-212-2700
Listing Agent:: Filip Niculete : 818-212-2763
MLS ID:: CL25626593

Originating MLS: CRMLS
County: Los Angeles

Zoning: C25502006019
View: None

Source: CRMLS

This listing courtesy of Filip Niculete, Marcus & Millichap

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Frank Del Olmo Elementary School

100 N New Hampshire Ave, Los Angeles, CA, 90004

Grades KG-5

0.32 miles away

Virgil Middle School

152 N Vermont Ave, Los Angeles, CA, 90004

Grades 6-8

0.42 miles away

RFK Community Schools - Ambassador School of Global Leadership

701 S Catalina St, Los Angeles, CA, 90005

Grades 6-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.