GREAT DEVELOPMENT OPPORTUNITY! Currently a 4-unit office building with proposed plans to return it to its original configuration as 6 apartments. Address says L A but the property is in Culver City. Those conceptual plans include 6 two bedroom apartments with gated on-site parking including 6 carports & additional uncovered parking. Over $320,000 in improvements were made in 2007 upgrading electrical, plumbing, mechanical, and other infrastructure throughout the property, converting the property into four postproduction offices for the entertainment industry. Technology advancements have since reduced demand for that usage. Ideally located directly across from a Kaiser medical facility, west of the 405 freeway, and close to Marina del Rey.Those improvements can significantly offset the cost of restoring the property to 6 residential units. In the attached supplements is a list of expenditures for the upgrades performed. A first floor entry ramp provides easy access – great for occupants with mobility limitations. An attractive & spacious landscaped patio provides a comfortable outdoors recreational area. There are 6 Ring security cameras around the property, 2 storage rooms and 6 lockers. The sale includes 2 parcels: APN 4032017004 & 4032017003 (where the approx. 700 sq. ft. carports are located), totaling approx. 8301 sq. ft. of land. Attached photo of carports (with garage doors) is virtual and not its current configuration. Buyer is to verify any proposed development opportunities with the city.
Carport, Driveway, Electric Gate, Storage
Carport, Driveway, Electric Gate, Storage
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,900,000 to $2,700,000 | ||
| Price Reduced from $3,200,000 to $2,900,000 |
Don Karasevicz, Estate Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of November 23rd, 2025 at 8:30pm PST. 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.