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425 Culver Boulevard, Playa Del Rey, CA

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425 Culver Boulevard

Playa Del Rey, CA 90293-7705 - Marina Del Rey/Venice Submarket

Property Type:Office Sub Type:Office/Residential Status:Existing Year Built:1968
Stories:2 Typical Floor:1,865 SF Building Size:3,731 SF
For Sale Price:$1,700,000 Price/SF:$455.64
Cap Rate:-
Parking:Ratio of .61/1,000 SF

This beautiful Retail or Office Property has excellent views of the Ballona Refuge. This state owned wetlands borders the backyard of the property; incredible views of the Marina Del Rey Skyscrapers and Harbor. There is a huge balcony on the 2nd floor overlooking the refuge. This 2 story property consists of 1,400 feet downstairs with two office rooms and a new kitchen. The 2nd floor consists of 1,900 feet with four office rooms, 2 baths and another new kitchen. There is potential to window the entire garage making this ideal for a retail user and getting some great exposure with signage. This property is zoned LAC2, which is permitted for office and retail use. Sale of property includes 3 refrigerators and 2 sets of washers and dryers. Walking distance from the beach, only four blocks.

Playa Del Rey is a small beachtown consisting of 11,477 people with over
200 businesses. The city is surrounded by the Pacific Ocean and wetlands
and only 3 miles from the LAX. Very close to Venice Beach and Santa Monica;
adjacent to Marina Del Rey, one of the greatest harbor's on the Pacific
Ocean. Marina Del Rey Harbor is one of the largest man made harbors and is
home to over 6,000 pleasure boats and yachts.

Sale Notes:
HUGE PRICE REDUCTION! BOTTOM CREATIVE OFFICE WILL BE DELIVERED VACANT AT COE! NOW BEST PPSF IN PDR! in Playa Del Rey. This 'duplex' is zoned C-4 with an R-1 overlay allowing mixed use. 5-car garaged parking. upper unit is month-to-month. Big views of wetlands, Marina Channel and Santa Monica Mountains. This is a unique opportunity to acquire a prime silicon beach community property with upward income potential from both a residential and a commercial tenancy. Beach access and a developing, trendy, gentrification of the Playa Del Rey downtown area are just 2 blocks west. Easy access to Venice, Culver City, Manhattan Beach, Playa Vista and downtown LA. Close proximity to all freeway access and to LAX. Consider this before it's too late. This is prime Silicon Beach.

425 West Culver Blvd

ERA Matilla Realty
Thomas Corte
(310) 305-8000

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