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for sale: westside mixed-use investment/owner-occupier

Listing was updated at: 04/24/2019
for sale: westside mixed-use investment/owner-occupier for sale: westside mixed-use investment/owner-occupier for sale: westside mixed-use investment/owner-occupier for sale: westside mixed-use investment/owner-occupier for sale: westside mixed-use investment/owner-occupier for sale: westside mixed-use investment/owner-occupier for sale: westside mixed-use investment/owner-occupier for sale: westside mixed-use investment/owner-occupier for sale: westside mixed-use investment/owner-occupier for sale: westside mixed-use investment/owner-occupier for sale: westside mixed-use investment/owner-occupier for sale: westside mixed-use investment/owner-occupier

Property Overview

Price/Rent PSF Inquire
Asset Type Retail
Trade Type Sale
SQ. FT. Available 4,739
Date Available 11/27/2018
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Description

Location
The Property is located in a westside neighborhood called Del Rey. One mile and one half to the west and south of the Property is Marina Del Rey and Playa Vista. Downtown Culver City is under three miles to the northeast. This location is walking distance to Culver City's hot Washington Boulevard retail corridor which includes many restaurants (see retailer map). The Property is well connected to these areas through the thoroughfares of Culver Blvd, Short Ave, Washington Blvd and Centinela Ave.

The most unique element of this location is that the Los Angeles zoning for commercial property is constrained to only the three blocks from Short Ave. to Culver Blvd. Besides the commercial properties in Culver City on Washington Blvd., this commercial corridor presents the primary opportunity for retail in the one mile radius. This area is easy to get around with a Bike Score of 84 and a Walk Score of 70.

Sale
Below-market rental rate and month-to-month tenant terms make this opportunity perfect for investors looking to increase the return or buyers seeking an affordable westside location for their business. Limited commercial area zoning provides a unique one mile barrier to entry for this strong demographic.

Location

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