Exceptional development opportunity in the heart of Culver City. The site is ideally located just minutes from Downtown Culver City and a short three-minute walk to Ivy Station and the 8777 Washington complex, fully leased by Apple. Projected gross income is a conservative $507,612 per year, with three units designated for Very Low Income housing. A rare chance to build in one of LA's most vibrant and rapidly growing neighborhoods. The property is currently configured as a duplex, with one unit delivered vacant and the second unit occupied at $2,380 per month. Owner may deliver the other unit vacant. A great opportunity for investors or developers seeking immediate income with future development potential.
Listing courtesy of Listing Agent: Shiva Mehrdad (shivayadid@gmail.com) from Listing Office: Forward One.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.