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.
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4BEDS
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0.06ACRES
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6BATHS
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01/2 BATHS
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2,992SQFT
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$500$/SQFT
School Ratings & Info
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.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-19T23:43:04.503. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.