11740-11750 W Washington Blvd - Residential LAND FOR SALE


Los Angeles, CA 90066- Culver-West32,622 SF
$23,895,612 USD
213-332-9045
11740-11750 W Washington Blvd, Los Angeles, CA for Sale
$23,895,612 USD
Residential LAND - FOR SALE
1/20
32,622 SF

11740-11750 W Washington Blvd
Los Angeles, CA 90066
Culver-West


HIGHLIGHTS

  • Total of 32,622 Square Feet of Land
  • Surrounded by the Silicon Beach and Santa Monica making easy commute to all the tech hubs
  • Apple, Amazon, Google, Facebook and HBO opening major new office & studio locations
  • Direct Access to FWY 405 and close proximity to FWY 10
  • Mixed zoning of CCC3YY and R3-1 creates fantastic mixed use development opportunity
  • Over 223 feet frontage along Washington Blvd and 138.89 feet depth

OVERVIEW

11740 & 11736 Washington Boulevard is ideally located on 15,840 square feet of land with a mixed zoning of CCC3YY and R3-1. Of the total 15,840 of land, approximately 11,312 square feet is zoned CCC3YY and 4,528 square feet is zoned R3-1. Subject property benefits from large 103.89 feet of frontage along Washington Blvd "By-right", a developer can build by right 15 residential units, 3 retail units and through the utilization of the State Density Bonus, providing 11% affordable (VLI) to receive two incentives: Floor Area Ratio and 20% decrease in any individual required set back, you can build up to 25 residential units and 3 retail units. Savvy developers can also use Culver City community benefit program to increase the ratio of by right units from 35 units per Acre to 50 units per Acre to maximize unit count for this project.

FOR SALE DETAILS

PRICE

$23,895,612 USD

PRICE/ACRE

$31,907,696/AC

PRICE/SF

$732 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use

LAND ACRES

0.75 AC

LAND SF

32,622 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

CCC3YY, LAR3

APN/PARCEL ID

4233-024-025,4233-024-026,4233-024-027,4233-024-028

ASK ABOUT THIS PROPERTY

Vinnie ParkPropertyWorkMore Info
213-332-9045

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Vinnie ParkPropertyWorkMore Info
213-332-9045

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.