Commercial

COMMERCIAL PROPERTY LISTINGS AND LEASES

432 Culver Blvd Playa del Rey

$6,250,000

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.   

165 & 177 Culver Blvd Playa del Rey

4 Unit Office/Retail Units + Parking Lot * $3,800,000

165 Culver Blvd lies between Ballona Park and Lagoon/Beach downtown Playa del Rey. It also has a lot tied to the property, currently used for 7 car parking lot. (Both are zoned LAC4). 177 Culver Blvd is adjacent LAC4 with one tenant (a workout studio).

Both 165 and 177 Culver share one wall, and one sewer line. (Four water meters for 165 Culver, and one meter for 177 Culver are located at 165 Culver.) All three QLAC4-1VL zoned parcels are offered together as one listing. Additional residential zoned (LAR-3) lots adjoining the North side of 165 Culver and 177 Culver are also available for sale, and can be considered for additional construction or parking. 

Marketing package upon request: Email info@cortewright.com, or Call Tom Corte at 310-713-0552.  165 Culver and 177 Culver Blvd.  Playa del Rey, CA 90293

8517/8521/8527 Pershing Drive Playa del Rey

 $6,995,000

3 Building Apt Complex, 16 Total Units, LAC2

HUGE PRICE REDUCTION. Three blocks from the beach at the center of Silicon Beach. 3 parcel-assemblage over 15,000 sf lot. Existing 16 units (10-1 bed/1 bath, 6-2 bed/1 bath. Zoned LAC-2 with an enhanced FAR 2.025 and a 44' height limit. Located in the LAX corridor next to the recent 100,000 office and retail development along Westchester Parkway, this is the Ideal timing to develop and build a mixed use center and utilize the highest and best use of this assemblage. Seven units (44%)are delivered vacant, creating an optimal scenario for deferring the capital costs during the entitlement process. This is a corner assemblage of properties with commercial alley access in the back side. 10-car garage parking and two separate community laundry rooms. But that's not the story here. There are no other sites that can be developed like this one in Playa Del Rey. This is a unique opportunity whose time is just beginning to peak. Potential upside in this underdeveloped, emerging market is just beginning to explode. Don't miss this.

JUST SOLD! 185 Culver Boulevard Playa del Rey

$2,200,000

LAC4 1,624 SF  LOT: 4, 272

A rare offering in the heart of downtown, 185 Culver Blvd. Current tenant is "The Shack Restaurant" -- a landmark eating spot in Playa del Rey for 45 years. Offering includes restaurant parking lot. Liquor license is owned by the current business occupant and does not run with the property. The C-4 zoned restaurant boasts a Culver Blvd R-3 overlay, allowing for residential build above the existing structure. Subject to Coastal Commission Review if ground or air space is altered. Huge upside development potential in an underdeveloped beach market.

shack nite bw2

6832 & 6836 Esplanade Playa del Rey

$2,800,000

2 Combined Lots, 4487SF (2265sf + 2222sf)

Unobstructed ocean view lots. Flat, buildable, full utility-serviced parcels. Zoned LAR3. 48 ft height limit on potential build. Multipe units possible. This opportunity in the Playa del Rey Beach/Lagoon area sits next to prime office space in downtown area and across from the baseball field and beach, facing West. Neither lot is for sale as stand-alone sale. Price for 6832 & 6836 Esplanade in addition to the 3 other lots with commercial buildings (177 Culver Blvd and 165 Culver Blvd) is $7,000,000. Subject to Coastal Commission influence. One block from the ocean and 4 blocks from the Marina channel. Great upside potential in a gentrifying and underdeveloped beach market.

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LEASES

165 Culver Blvd A Playa del Rey

Retail/Office Space 

520sf  $2300/mo.

165 Culver Blvd D Playa del Rey

Retail/Office Space 

714sf  $2600/mo.