185Culver

  • Playa del Rey

  • $3,245,000
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Residential Income Details

Description
"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.
Essential
MLS #18299220
Price$3,245,000
Number of Units1
Sale TypeStandard
StatusActive
Listing BrokerageERA Matilla Realty
Listing AgentThomas Corte
Listing Agent BRE #01323411
Co-Listing AgentDana Wright
Co-Listing Agent BRE #01439943
Interior
AppliancesGarbage Disposal
CoolingSee Remarks
Exterior
ParkingUncovered,Public,Guest
Community
AreaC31 - Playa Del Rey
Address185 Culver
CityPlaya del Rey
CountyLos Angeles
StateCA
ZipCode90293
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, August 1, 2018. 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.