323-325 Culver Blvd - Storefront Retail/Residential FOR SALE


Playa Del Rey, CA 90293
$3,300,000 USD
424-217-3180
323-325 Culver Blvd, Playa Del Rey, CA for Sale
$3,300,000 USD
Storefront Retail/Residential - FOR SALE
1/56
null | 5.45% Cap Rate

323-325 Culver Blvd
Playa Del Rey, CA 90293


HIGHLIGHTS

  • 323 Culver Boulevard is a one-of-a-kind chance to invest in a newly refreshed mixed-use asset overlooking the Ballona Wetlands.
  • Excellent visibility, frontage, and access to Culver Boulevard, a dominant retail corridor traveled by over 71,733 vehicles per day.
  • Comprised two retail storefronts, two offices, and two residential units with LAC4 zoning for limitless use and development potential.
  • Located in one of the fastest-growing cities in California, home to Silicon Beach with local employers like Google, Yahoo, and Meta.

OVERVIEW

Grasp the opportunity to own two truly trophy buildings, just remodeled and can be delivered vacant at 323 Culver Boulevard in Playa Del Ray. This amazing six-unit jewel encompasses two upstairs residential apartments and four ground-floor commercial units, two of which have a full kitchen, plus outdoor patios. Tenants enjoy the amazing sunsets from the large bonus room, which faces the Ballona Wetlands and provides a feeling of open space and tranquility. The striking building just received a complete overhaul and looks and feels like new. The owner was meticulous with detail and spared no expense. Enjoy life in the peaceful community of Playa del Rey at 323 Culver Boulevard, next to the thriving tech community known as Silicon Beach. Steps from restaurants, cafes, shops, and the beach, this fantastic property's location is only three blocks from the sand. Offering the best of the SoCal lifestyle, where residents and tenants can head out the door to the scenic beach bike path, take a leisurely stroll along the Ballona Wetlands, or wander down to the Marina Jetty to watch the sailboats unfurling in the wind. Most of the land in Playa del Rey is zoned residential, making Culver Boulevard one of the only streets that includes businesses. Playa del Rey is considered part of LA's 'Silicon Beach', home to many tech companies such as Google, Yahoo!, Facebook, and more. The magnificent 323 Culver Boulevard is perfect for an investor, owner/user, or even a live/work scenario. Inquire today with the Zebrowski Group or miss out on this once-in-a-lifetime opportunity.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$741 USD /SF

CAP RATE

5.45%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

LAC4

APN/PARCEL ID

4116-009-003

ASK ABOUT THIS PROPERTY

Brett ZebrowskiPalm Realty Boutique DRE 01313739More Info
424-217-3180

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Brett ZebrowskiPalm Realty Boutique DRE 01313739More Info
424-217-3180

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