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$1,495,000
Est. payment /mo
2,992 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 2,992 sqft
Price per Sqft $499
MLS Listing ID CL25532335
HOA Y/N No
Year Built 1948
Lot Size 4,952 Sqft
Acres 0.11
Property Sub-Type Other
Property Description
Unlock the full potential of this 6-unit apartment building positioned between Culver City and Playa Vista- two of LA's most tech-driven and rapidly developing neighborhoods, which offers a rare chance to invest in a well-located asset with significant upside potential. On a nearly 5,000 square foot lot, the 2,992 SF building is spread across two structures: four 1+1 units in front and two 0+1 units above the four garages in the rear. One of the 1+1 units is currently vacant, allowing the new owner to immediately lease or renovate. The building presents a clear value-add or redevelopment opportunity and is surrounded by other active and upcoming large-scale development projects. Zoned LAR3 and TOC Tier 1, the site is ideal for developers or investors seeking density bonuses and city incentives (buyer to verify). The location supports strong rental demand with proximity to major employers like Google, YouTube, Amazon, and Sony Pictures. Close to Sofi Stadium, Playa Vista's Whole Foods and Cinemark Theater, trendy shops and restaurants, and quick access to freeways and LAX.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry No Hookups
Building
New Construction No
Others
Tax ID 4220005036
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Listed by Linda Light • Coldwell Banker Realty
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