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Key Details
Sold Price $1,975,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P0-819003040
Sold Date 02/25/20
HOA Y/N No
Year Built 1957
Lot Size 4,791 Sqft
Property Description
Conveniently located six miles north of LAX is an affluent beachside community in the westside of Los Angeles--Playa Del Rey. 323 Culver Blvd. is a mixed use building consisting of six total units. There are two retail storefronts, two offices, and two residential units. The pro forma cap rate is calculated to be 5.3%. The majority of land in Playa del Rey is zoned residential, making Culver Blvd. one of the only streets which includes businesses. Playa del Rey is considered part of LA's 'Silicon Beach', which is home to many tech companies such as Google, Yahoo!, Facebook, and more.
Location
State CA
County Los Angeles
Area C31 - Playa Del Rey
Zoning LAC4
Interior
Fireplace No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4116009003
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Lease Land No
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Bought with Thomas Atamian • COMPASS
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