DEVELOPMENT OPPORTUNITY - Prime location to build your dream project in the highly desirable Palms - Mar Vista Area! R3 zoning with transit-oriented communities (TOC) tier 3 designation. Tier 3 TOC designation allows for a density bonus of up to 70% above the current by-right allowed number of units. This property is being marketed and sold “as-is” for land value. Lot size is 6,754 SF. Executive Directive 1 (ED 1) expedites the processing of affordable housing projects in Los Angeles. Eligible projects receive expedited processing, clearances, and approvals through the ED1 Ministerial Approval Process. Buyer can purchase land and use existing home for rental income until ready to build multi-level apartment units or condos. Conveniently located near Venice Blvd and Culver Blvd blocks from restaurants, bars, and coffee shops in downtown Culver City, Culver Steps, The Ivy, Exposition Corridor Bike Path, Sony Pictures Studio, Fox Studio's, The Platform, Culver City Arts District. Two Train/Metro E-Line Stations and Easy access to 10 and 405 freeways.
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DAYS ON MARKET
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214
|
LAST UPDATED
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4/29/2024
|
|
YEAR BUILT
|
1924
|
COMMUNITY
|
Palms - Mar Vista
|
|
COUNTY
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Los Angeles
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STATUS
|
Active
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PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Refrigerator, Trash Compactor |
| AREA |
Palms - Mar Vista |
| BUYER'S BROKERAGE COMPENSATION |
2.000 % |
| FIREPLACE |
Yes |
| GARAGE |
Attached Carport, Carport, Concrete, Covered, Driveway, Driveway Level, Gated, On Street, Private, RV Access/Parking, RV Covered |
| HEAT |
Central |
| INTERIOR |
All Bedrooms Down, High Ceilings, In-Law Floorplan, Open Floorplan, Recessed Lighting |
| LOT |
6754 sq ft |
| LOT DESCRIPTION |
Back Yard, Front Yard, Landscaped |
| PARKING |
Attached Carport,Concrete,Covered,Carport,Driveway Level,Driveway,Gated,Private,RV Access/Parking,RV Covered,On Street |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| UTILITIES |
Cable Available,Electricity Connected,Sewer Connected,Water Connected |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| ZONING |
LAR3 |
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Listed with Taurus Realty Group
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/17/24 7:16 AM PDT 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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