$ 2,900,000
-
$2,900,000
Price -
2
Bed -
1
Bath -
5,448
SqFt
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About the Listing sb1300260 - SKARADO1
GREAT DEVELOPMENT OPPORTUNITY! Currently a 4-unit office building with proposed plans to return it to its original configuration as 6 apartments. Those plans include 6 two bedroom apartments with gated on-site parking including 6 carports & additional uncovered parking. Ideally located directly across from a Kaiser medical facility, west of the 405 freeway, and close to Marina del Rey. 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. 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.
Listing Highlights for 12044 W Washington Boulevard
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Recessed Lighting,Storage
- Water: Public
Exterior Details
- Lot Description: Landscaped,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 10
- Zoning: CCC3YY
- Roof: Composition
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Carport,Driveway,Electric Gate,Storage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4232017004
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
12044 W Washington Boulevard Culver City, CA 90066
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