SELLER WILL FINANCE 70%-80% LTV
Build in a "hip" Opportunity Zone near Culver
CM (R3) Zoning allows for many permitted uses.
CREATIVE/OFFICE, FLEX SPACE, RESTAURANT/BAR, APARTMENTS, CONDOS. "You name it..."
Highly-visible, "heart of LA" location - minutes to Mid Wilshire, Beverly Hills, Culver City, Santa Monica, K-Town and DTLA.
5,490 SQ. FT. LOT - it goes street-to-alley, facilitating development AND immediately ready to be reimagined.
The CM zoning allows for many commercial uses and also allows for R3-zoned product aka apartments a/o condos. Tier 3 Density Bonus eligible - you get a 70% density bonus when building apartments/condos/townhomes.
APN: 5046-006-002
EXCLUSIVELY LISTED AT $1,499,000
REDUCED $250,000
NEW PRICE OF $1,249,000
BRING ALL OFFERS - SELLER WANTS QUICK CLOSE.
SELLER WILL FINANCE!!