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318 Culver Boulevard, Playa del Rey, CA

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DetailMap
318 Culver Boulevard

Playa del Rey, CA 90293-7704 - Marina Del Rey/Venice Submarket


Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing Year Built:1962
Building Size:7,601 SF Land Area:.13 AC (5,528 SF)
For Sale Price:$4,950,000 Price/SF:$651.23
Cap Rate:2.68 %



Sale Notes:
Unique combination of commercial and residential property under one APN number. Zoned C-4 with an LAR-3 overlay in Downtown Playa del Rey it is a Prime Silicon Beach Location. Five (5) retail shops on main Street Culver Blvd with four (4) residential units sitting above, with a separate entrance on Pershing Drive. All within 3 blocks to the beach. Great Creative Potential to develop into larger space. Strong upside. This is a rapidly gentrifying area in an underserved market. Best Value west of the 405.

Culver Blvd West into Downtown Playa del Rey. Past Nicholson Road, South side of street. Just a few blocks to the beach (less than .4 mile).

ERA Matilla Realty
Thomas Corte
(310) 578-7777

Dana Wright
(310) 463-6814




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