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165 Culver Boulevard, Playa Del Rey, CA

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165 Culver Boulevard

Playa Del Rey, CA 90293 - Marina Del Rey/Venice Submarket

(10.9 MB)

Property Type:Office Sub Type:Telecom Hotel/Data Hosting Status:Existing Year Built:1980
Stories:2 Typical Floor:1,346 SF Building Size:2,692 SF
For Sale Price:$3,400,000 Price/SF:$1,263.00
Cap Rate:1.27 %
Parking:Ratio of 8/1,000 SF

Sale Notes:
This is a rare commercial offering to acquire in Playa Del Rey Beach/Lagoon Area, a double parcel corner prime commercial income property within the highly affluent beach community of Play Del Rey, CA. This commercial (Zoned LAC-4) building occupy 2 full lots and are situated in a key location of the community's designated downtown district of Del Rey Lagoon on the N. side of Culver Blvd., West of Vista Del Mar intersection. The 2nd adjoining lot is vacant, currently being used as a parking lot. This is a first time offering for these properties. It is an exciting opportunity to own Silicon Beach real estate with 4 irreplaceable high coverage, short-term leases. . Huge potential in this under-served market area.
Sold as a stand alone property or can be combined with other adjacent parcels as an asseblage

The price reflects the price of the two parcels comprising 165 Culver only

ERA Matilla Realty
Thomas Corte
(310) 578-7777

Dana Wright
(310) 463-6814

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