C2-Zoned Vacant Development
311 S Berendo St Los Angeles, CA 90020
311 S Berendo St, Los Angeles, CA, 90020
Contact for pricing
For Sale
Contact for pricing
Pending
Fully vacant, demolished parcel zoned C2 and eligible for MIIP and TOIA programs in Koreatown.
Lot Size0.16 Acres
Days on Market89
Property Features for 311 S Berendo St
General Information
- Standard status
- Pending
- Lot size
- 0.16 Acres
- Property subtype
- Land
Listing agency
Marcus & Millichap - Encino
(818) 357-9525
Listed by
Filip Niculete · License #CA 01905352
Source
Crexi
Added: Apr 24 Updated: Jul 21 at 2:19AM Checked: Jul 21 at 6:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
Offered for sale, 311 S Berendo Street is a fully vacant, already-demolished raw land development site totaling 7,153 SF. The parcel is zoned C2, providing flexibility for a range of residential and mixed-use concepts. Property is listed as under MIIP and TOIA eligibility, with TOIA 2 referenced for incentive alignment.
Located in the core of Koreatown in Los Angeles, the site is described as strategically positioned within a transit-oriented rental market. The property is noted as just minutes from the Wilshire/Vermont Metro Station, and within a designated Transit-Oriented Incentive Area (TOIA 2).
With no tenant relocation and no demolition or clearance costs identified as part of the presenting remarks, the site eliminates two common development hurdles. The C2 zoning is presented as supporting multiple development execution strategies, including MIIP-driven multifamily and mixed-income housing, for-sale product concepts such as small lot subdivisions or stacked flat configurations, and low-rise residential formats including duplex or double duplex plans.
Located in the core of Koreatown in Los Angeles, the site is described as strategically positioned within a transit-oriented rental market. The property is noted as just minutes from the Wilshire/Vermont Metro Station, and within a designated Transit-Oriented Incentive Area (TOIA 2).
With no tenant relocation and no demolition or clearance costs identified as part of the presenting remarks, the site eliminates two common development hurdles. The C2 zoning is presented as supporting multiple development execution strategies, including MIIP-driven multifamily and mixed-income housing, for-sale product concepts such as small lot subdivisions or stacked flat configurations, and low-rise residential formats including duplex or double duplex plans.
Key Highlights
- Fully vacant, unentitled raw land site at 311 S Berendo Street in Koreatown—already demolished.
- 7,153 SF parcel zoned C2, supporting a range of residential and mixed‑use development concepts.
- MIIP and TOIA eligibility: located in a designated Transit‑Oriented Incentive Area (TOIA 2).
Property Analytics
Location Intelligence
Current Use by Public Records
Sun Mi Painting ...
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FAQs
What type of property is this?
Commercial land - Fully vacant, demolished parcel zoned C2 and eligible for MIIP and TOIA programs in Koreatown.
Where is this commercial land located?
The property is located at 311 S Berendo St Los Angeles, CA.
What are key features of this property?
This property features: Fully vacant, unentitled raw land site at 311 S Berendo Street in Koreatown—already demolished.; 7,153 SF parcel zoned C2, supporting a range of residential and mixed‑use development concepts.; MIIP and TOIA eligibility: located in a designated Transit‑Oriented Incentive Area (TOIA 2).
