Price $2,095,000
Status Conditional
Beds 0
Baths 0 Bath
Home size 3,062 sqft
Lot Size 7,100 sqft
Days on Market 252
Tremendous opportunity for development into 8-units by-right or 13-units with the City of Los Angeles Density Bonus Program or for use as-is as a long term, easy management hold asset in the desirable & ever-increasing value neighborhood of Mar Vista. This 5-unit property consists of one 2BR+1BA single-family home & four 1BR+1BA back units with no vacancies which provides great income while obtaining plans & permits for a new build. Zoning is LAR-3-1 to a 15' alley on a 7,100 SF lot and is perfectly situated between burgeoning LA tech hubs of Silicon Beach & Downtown Culver City, home to the new Apple and Amazon developments & major technology companies such as Google, Facebook, Netflix, Yahoo!, YouTube, Nike, BuzzFeed, Electronic Arts, and Sony. With an 85 Walk Score/ 72 Bike Score, Venice Beach & Marina Del Rey are just minutes away along with amazing area restaurants, gourmet coffee shops, Farmers Market, Abbot Kinney, shopping, & transportation nearby. OM provided upon request.
Property Type(s): Residential Income
Last Updated 9/15/2021 Year Built 1962
Community Palms - Mar Vista County Los Angeles

Price History

Prior to May 5, '21 $2,195,000
May 5, '21 - Today $2,095,000

Additional Details

APPLIANCES Disposal, Range
AREA Palms - Mar Vista
GARAGE Uncovered
INTERIOR Ceiling Fan(s)
LOT 7099 sq ft
LOT DESCRIPTION Front Yard, Rectangular Lot
PARKING Uncovered
SEWER Sewer Tap Paid
STYLE Mid-Century Modern



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Listing provided by : Laura Klein CalDRE: 01435968, KRE + Associates

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Based on information from California Regional Multiple Listing Service, Inc. as of 9/28/21 7:45 AM PDT and /or other sources. 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

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