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1165 N Berendo Street — Los Angeles | Belmont Brokerage | Belmont Brokerage

Active

+7 more

$985,000

0 DOM

— bd— ba— sqft

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1165 N Berendo St Los Angeles, CA 90029

6,752sqft lot

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.

MLS 26736405

858-369-3010 (Office) 714-333-6768 (Cell) Casey.Lins@kidder.com

Est. payment

$6,294/mo

Principal & interestTaxesInsurance

$4,981$1,026$287

Down %

Rate %

Years

Down payment: $197,000 · Total cost: $1,990,051

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$6,294/mo

Principal & interest: $4,981
Est. property tax: $1,026
Est. insurance: $287
Down payment: $197,000

Est. gross rent$4,104/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,190/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 16, 2026	$985,000	—

858-369-3010 (Office) 714-333-6768 (Cell) Casey.Lins@kidder.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1165 N Berendo Street, Los Angeles, CA 90029

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1165 N Berendo St Los Angeles, CA 90029

About this home

Casey Lins

Est. monthly payment

Mortgage vs rent

Price History

Casey Lins

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1165 N Berendo Street, Los Angeles, CA 90029

About This Property

Property Photos

1165 N Berendo St Los Angeles, CA 90029

About this home

Casey Lins

Est. monthly payment

Mortgage vs rent

Price History

Casey Lins

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.