318 Culver Boulevard

    Playa Del Rey, CA 90293
    • $4,450,000
    • STATUS: Active
    • ON SITE: 166 days
    • ID#: 18300520
    UPDATED: 35 min ago
    $4,450,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,601
      SQFT
    • $585
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    The rewards of this mixed use 9 unit property are as plentiful as are the options. 4 Residential 2+1 units fronting Pershing Dr. combine with 5 Storefront Retail fronting Culver Blvd. to form this unique mixed use combination. Past feasibility studies have an exciting variety of creative buyers to this project. Envision your own. Egress possible via 333 Pershing. Strong upside for development in an underserved but rapidly gentrifying market. Just 3 blocks to the Beach. The Silicon Beach label has quadrupled pedestrian traffic. The traffic diet is gone. The airport won't expand. This is the hot spot for the 21st century at Silicon Beach.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-21T15:30:35.263. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/79761326

    318 Culver Boulevard Playa Del Rey, CA 90293

    • Price: $4,450,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 18300520
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    7,601
    SQFT
    $585
    $/SQFT
    1962
    Built
    Neighborhood:
    C31 - Playa Del Rey
    County:
    Los Angeles
    Area:
    C31 - Playa Del Rey
    Property Description
    The rewards of this mixed use 9 unit property are as plentiful as are the options. 4 Residential 2+1 units fronting Pershing Dr. combine with 5 Storefront Retail fronting Culver Blvd. to form this unique mixed use combination. Past feasibility studies have an exciting variety of creative buyers to this project. Envision your own. Egress possible via 333 Pershing. Strong upside for development in an underserved but rapidly gentrifying market. Just 3 blocks to the Beach. The Silicon Beach label has quadrupled pedestrian traffic. The traffic diet is gone. The airport won't expand. This is the hot spot for the 21st century at Silicon Beach.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Attached Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Laundry Features See Remarks

    Property Features

    Gross Multiplier 25.93 Gross Operating Income 179361.00 Improvements Amount 358620 Land Value 272050 Laundry YN Yes Net Operating Income 163639.00 Special Listing Conditions Standard Total Expenses 21269.00 Zoning Lac4

    Listing provided courtesy of Thomas Corte of Era Matilla Realty and Dana Wright of Era Matilla Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-21T15:30:35.263. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094