185 Culver

    Playa Del Rey, CA 90293
    • $3,245,000
    • STATUS: Active
    • ON SITE: 316 days
    • ID#: 18299220
    $3,245,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,625
      SQFT
    • $1,997
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    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.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T00:29:41.7. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/79658248

    185 Culver Playa Del Rey, CA 90293

    • Price: $3,245,000
    • Status: Active
    • ID#: 18299220
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1,625
    SQFT
    $1,997
    $/SQFT
    1948
    Built
    Neighborhood:
    C31 - Playa Del Rey
    County:
    Los Angeles
    Area:
    C31 - Playa Del Rey
    Property 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.
    Exterior Features

    Lot Size Units Square Feet Parking Features UncoveredPublicGuest Parking YN Yes

    Interior Features

    Appliances Garbage Disposal Appliances YN Yes Cooling See Remarks Cooling YN Yes

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 0.00 Improvements Amount 96416 Land Value 94888 Net Operating Income 0.00 Special Listing Conditions Standard Total Expenses 0.00 Utilities Cable Available Zoning Lac4

    Listing provided courtesy of Thomas Corte of Era Matilla Realty and Dana Wright of Era Matilla Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T00:29:41.7. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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