$905,000

Est. payment -/mo

$1,180,000

23.3%

Est.Price: ?

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423 Culver Playa Del Rey, CA 90293

429 SqFt

SOLD DATE : 04/29/2021

Key Details

Sold Price $905,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 429 sqft

Price per Sqft $2,109

Subdivision Not Applicable - 1007242

MLS Listing ID 220007075

Sold Date 04/29/21

HOA Y/N No

Year Built 1952

Lot Size 2,500 Sqft

Acres 0.0574

Property Description

Restaurant food service or Prime Development Opportunity at the heart of Silicon Beach in Playa del Rey. With multiple options for development, here you have a unique opportunity to create multi-functional business and residential properties, the parcel is C-4 zoned for commercial use. This zoning designates property near major transportation hubs; freeway access is close by and LAX is only ten minutes away. It's an unprecedented opportunity for growth in a high-value area. The property is between the Inn at Playa del Rey and Titmouse Park, directly across from the Marina del Rey Harbor and walking distance to the ocean. It is also near bike paths, and the Playa Vista community of restaurants, grocery stores, and retail, but also vibrant Venice Beach (home of Google, Yahoo, Buzzfeed) and is not too far from Santa Monica (home of Lionsgate films, Universal Music Group, and Amazon Studios).