(adjacent property included 9958 Regent street) DEVELOPMENT OPPORTUNITY TO BUILD UP TO 13 APARTMENTS OR CONDOS IN PRIME PALMS AREA (WALKING DISTANCE TO DOWNTOWN CULVER CITY!). TWO EXISTING (FULLY OCCUPIED) 4-PLEXES CURRENTLY EXIST ON THE SITE GENERATING APPROX. $11,500 PER MONTH IN RENTAL INCOME. THESE EXISTING STRUCTURES, ALTHOUGH CLOSE TO CULVER CITY, ARE SITUATED IN THE CITY OF LA AND ARE SUBJECT TO THE LAHD RENT CONTROL ORDINANCE. (PURCHASE PRICE INCLUDES ADJACENT CORNER PROPERTY ON THE CORNER OF DUNN/REGENT)PROPERTY IS SITUATED VERY CLOSE TO DOWNTOWN CULVER CITY (WALK SCORE IS 92!). PLEASE SEE MAP TO APPRECIATE LOCATION.
|Lot Square Feet||≈ 11,062|
|Area||C13 - Palms - Mar Vista|
|Listing Brokerage||ESP Total Realty Network|
|Listing Agent||Mark Habibi|
|Listing Agent BRE #||01342085|
Based on information from California Regional Multiple Listing Service, Inc. as of Friday, September 8, 2017.
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.
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