432 Culver Boulevard $5,500,000


    432 Culver Boulevard Playa del Rey, CA 90293

    • 0.24 Acres
    • Land
    • MLS# 21796004
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    Views: 21 Days On Market: 260

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    Property Details

    Description Tours

    PRICE REDUCED ON THIS VALUE-ADD OPPORTUNITY. An assemblage of four parcels with income from an existing 3482 sf office bldg. currently yielding $288,000/yr income.. 10,532 sf. paved lot provides 17 vehicle parking, including ADA handicapped designated spot. High density (Q)LAC4-1VL permitting mixed use with residential over office and parking. 44 ft height limit and a 2.025 FAR. Wonderful panoramic views from 2nd floor and up. Great development potential or use as disclosed with two levels of open floor space designed to enhance creative enterprise. Downtown Playa Del Rey is on the threshold of blossoming as the last beach gentrifying zone in the Los Angeles area. OM package available to help you discover the unique opportunity of this location.

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.500 %
      • County Or Parish Los Angeles
    • Property Features
      • Lot Size Acres 0.24
      • View Error: ClassID in tblMLSFieldPropertyType is null.



    90293 (Playa del Rey) Demographics

    41 Median Age
    2,937 Population Density (per sq. mile)
    77% College Educated
    $104,814 Estimated Median Income
    3,264 Estimated Total Home Owners
    3,421 Estimated Total Renters
    49% / 51% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    12,915 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $810,000 Median Sales Price
    35 Homes Sold
    33 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $5,500,000
        6/2/2022 1:47:10 PM Price Reduced Source: Multiple Listing Service New Value: $5,500,000 -4.35%
        5/20/2022 2:17:12 PM Price Increased Source: Multiple Listing Service New Value: $5,750,000 4.55%
        4/25/2022 10:31:10 AM Price Reduced Source: Multiple Listing Service New Value: $5,500,000 -4.35%
        2/7/2022 8:01:31 PM Price Reduced Source: Multiple Listing Service New Value: $5,750,000 -8%
        10/19/2021 8:33:00 PM New in Database Source: Multiple Listing Service New Value: $6,250,000

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        Based on information from California Regional Multiple Listing Service, Inc. as of 7/5/2022 10:51:07 PM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.