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$3,200,000
Est. payment /mo
7,069 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25173133
HOA Y/N No
Year Built 1953
Lot Size 7,069 Sqft
Property Sub-Type Multi Family
Property Description
GREAT DEVELOPMENT OPPORTUNITY! Currently a 4-unit unused office building with proposed plans to reconvert it to its original configuration as 6 apartments. Proposed plans include 6 two bedroom apartments. Located directly across from a Kaiser medical facility, west of the 405 freeway, and close to Marina del Rey, the location is ideal. Extensive upgrades were done around 2006 to configure the property for postproduction offices for the entertainment industry, but technology advancements have reduced demand for that usage. There is plenty of on-site gated parking with 6 carports and additional uncovered parking + 2 storage rooms and lockers. An attractive & spacious landscaped patio provides a comfortable outdoors recreational area. Buyer is to verify any proposed development opportunities with the city. A ramp provides easy access to the first level units. The sale includes 2 parcels: APN 4032017004 & 4032017003 (where the approx. 700 sq. ft. carports are located) totaling approx. 8301 sq. ft. of land. Attached photo of carports (with garage doors) is virtual and not its current configuration.
Location
State CA
County Los Angeles
Area C28 - Culver City
Interior
Heating Forced Air
Fireplace No
Laundry Inside
Exterior
Fence Block, Wood
Roof Type Composition
Building
Lot Description Level
Story 2
Water Public
Others
Tax ID 4232017004
Security Features Security System,Security Lights
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Trust
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Listed by Don Karasevicz Estate Properties 310-251-2593