Opportunity for End User or Developer | LAR3 Zoning | Mid-City / Culver City Adjacent
Acquire a strategically located LAR3-zoned parcel in one of Mid-City’s most in-demand growth corridors, directly adjacent to Culver City and situated at the end of a cul-de-sac, offering both privacy and strong redevelopment fundamentals. The property… Read More is conveniently located near Metro stations, dining, shopping, and major freeways. Currently a 3 bedroom and 2 bath home with strong growth and increasing demand, this area offers exceptional long-term appreciation potential. Value-add and redevelopment opportunities may include:
ADU Strategy: Retain the existing structure and add one attached ADU and one detached ADU, maximizing rental income under current ADU regulations.
Full Redevelopment: Demolish existing improvements and redevelop the site for up to 13 affordable housing units, utilizing low-cost, 3-story, on-grade construction. Plans are currently in progress, providing a head start for a qualified developer. The surrounding area continues to experience sustained demand, making this an ideal opportunity for long-term appreciation, density expansion, and value creation. ( Buyer and Buyer’s Agent to independently verify all information with the City and appropriate governing agencies, including but not limited to zoning, land use, permits, development potential, and allowable improvements.) Read Less
Property listed by Century 21 Cornerstone, Emma Perez 626 422-8686
Listing Snapshot
Days Online
0
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
1,508
Lot Size
0.11 Acres
Year Built
1930
MLS Number
PW25275597
Additional Details
Appliances & Equipment
GasOven
Building
Built in 1930, Living area: 1508.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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