Property Attributes
- MLS#19481536
- TypeIncome
- CountyLOS ANGELES
- CityPlaya del Rey
- AreaPlaya Del Rey
- Zip90293
- Style
- Price$ 7,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11516
- Lot Size0.34 Acres
Listing Provided Courtesy Of:
Thomas Corte with ERA Matilla Realty.
Property Description
This Prime Investment Property is ideal for developers. C-2, Can build 34 office/retail units in a commercial use application. Height limit is 44'. Close proximity to Playa Vista, Manhattan Beach, The Beach at Playa Del Rey, all freeways, LAX and Marina Del Rey. Huge upside potential in an under developed market. Currently has 16 units that require tenant relocation under LAHD restrictions. Commercial alley access. 34,000 SQ FT OF OFFICE/RETAIL DEVELOPMENT POSSIBLE! 1.5 FAR. Per LA Planning Dept., Also, 34 residential units can be developed. Three blocks from the beach. One block from the huge commercial redevelopment project on Westchester Parkway. Sold only as an assemblage (3 individual buildings). Subject to relocation restrictions by LAHD Rent Control, Coastal Commission Influence and Coastal Transportation Corridor Specific Plan. Zoned LAC2-1VL. Mixed commercial use zoning.
| Price History | |
|---|---|
| 6/24/2019 | Listed $88,850,000 |
| 6/24/2019 | 91% - $8,850,000 |
| 10/30/2019 | 16% - $7,500,000 |
General Features
| Co-Listing Agent Last Name | Wright |
| Co-Listing Agent Last Name | Dana |
| Co-Listing Agent State License # | 01439943 |
| Co-listing Agent | Dana Wright - BRE#01439943 |
| Directions | 1 Block South of Manchester |
| Listagentaor | Malibu |
| Listing Agent | Thomas Corte - BRE#01323411 |
| Listing Agent State License | 01323411 |
| MLS Area | C31 - Playa Del Rey |
| Price Per Square Foot | 651.27 |
| Source System | CRMLS |
| Special Listing Conditions | Standard |
| Total Units | 16 |
| Zoning | LAC2 |
Interior Features
| Air Conditioning Y/N | Yes |
| Cooling | See Remarks |
| Laundry Features | See Remarks |
| Laundry Y/N | Yes |
| Total Stories | 2 |
Exterior Features
| Building Area Total | 11516.00 |
| Lot Size Acres | 0.3444 |
| Lot Size Area | 15001.0000 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 15001.00 |
| Lot Size Units | Square Feet |
| Number of Buildings | 3 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Based on information from California Regional Multiple Listing Service, Inc. as of December 14, 2019 9:25 PM. 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.
The data relating to real estate for sale on this web site comes in whole or in part from the Victor Valley Internet Data Exchange program of the Victor Valley Multiple Listing Service. Information being provided is for consumers person, ie, non-commercial use and may NOT be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
