Residential Income Details
"The Shack" Restaurant is for sale. Existing lease expires June 30, 2018. This is a most rare offering in the heart of downtown Playa Del Rey. Being sold for the first time as a stand alone sale, this price tag includes the adjacent LAR-3 lot, currently vacant and used as a parking lot. The C-4 restaurant boasts a Culver Bl R-3 overlay, allowing for residential build above the existing structure. This is an exciting opportunity to own Silicon Beach Commercial Real Estate in the heart of downtown Playa Del Rey with an irreplaceable high coverage, short-term lease. There is 100% upside in rent in this Silicon Beach Gem. High pedestrian Traffic and in the hub of Manhattan Beach, Playa Vista, Culver City and Venice.
|Number of Units||1|
|Listing Brokerage||ERA Matilla Realty|
|Listing Agent||Thomas Corte|
|Listing Agent BRE #||01323411|
|Co-Listing Agent||Dana Wright|
|Co-Listing Agent BRE #||01439943|
Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, August 1, 2018.
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