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Listed by Don Karasevicz • Estate Properties
$ 3,200,000
Est. payment /mo
Active
Culver City, CA 90066
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB-25173133
Year Built 1953
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. Take advantage of extensive upgrades which were done around 2006 to configure the property for postproduction offices for the entertainment industry. Technology advancements have reduced demand for that usage. Upgrades included plumbing, electrical, windows, flooring and other infrastructure upgrades providing a good platform for reconverting the building for 6 apartments. There is plenty of on-site gated parking with 6 carports and additional uncovered parking spaces, storage lockers + 2 storage rooms. There are 6 Ring security cameras around the property. 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
Laundry Inside
Building
Lot Description Level, Lot 6500-9999