Exceptional development opportunity in the heart of Culver City. The site is ideally located just minutes from Downtown Culver City and a short three-minute walk to Ivy Station and the 8777 Washington complex, fully leased by Apple. Projected gross income is a conservative $507,612 per year, with three units designated for Very Low Income housing. A rare chance to build in one of LA's most vibrant and rapidly growing neighborhoods. The property is currently configured as a duplex, with one unit delivered vacant and the second unit occupied at $2,380 per month. A great opportunity for investors or developers seeking immediate income with future development potential.
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Listing Snapshot
Price
$1,325,000
Days On Site
0 Days
Bedrooms
2
Inside Area (SqFt)
1,758 sqft
Total Baths
2
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1469 Acres
Year Built
1930
MLS® Number
25620875
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 hours ago
Listing updated with changes from the MLS®
11 hours ago
Listing first seen on site
General Features
Acres
0.1469
Levels
One
Number Of Stories
1
Special Circumstances
Standard
SqFt Total
1758
Zoning
LAR3
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Community Features
MLS Area
C09 - Beverlywood Vicinity
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. The 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, the 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.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
With a track record exceeding $500 Million in real estate transactions, the Team Lloyd & Associates dedicates itself to delivering a personalized real estate journey for every client.
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