Description
SELLER WILL FINANCE 70%-80% LTV. Build in a "hip" Opportunity Zone near Culver. CM (R3) Zoning allows for many permitted uses. CREATIVE/OFFICE, FLEX SPACE, RESTAURANT/BAR, APARTMENTS, CONDOS. "You name it..."Highly-visible, "heart of LA" location - minutes to Mid Wilshire, Beverly Hills, Culver City, Santa Monica, K-Town and DTLA. 5,490 SQ. FT. LOT - it goes street-to-alley, facilitating development AND immediately ready to be reimagined. The CM zoning allows for many commercial uses and also allows for R3-zoned product aka apartments a/o condos. Tier 3 Density Bonus eligible - you get a 70% density bonus when building apartments/condos/townhomes. APN: 5046-006-002 EXCLUSIVELY LISTED AT $1,499,000 REDUCED $250,000 NEW PRICE OF $1,249,000 BRING ALL OFFERS - SELLER WANTS QUICK CLOSE. SELLER WILL FINANCE!!
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School Ratings & Info
Description
SELLER WILL FINANCE 70%-80% LTV. Build in a "hip" Opportunity Zone near Culver. CM (R3) Zoning allows for many permitted uses. CREATIVE/OFFICE, FLEX SPACE, RESTAURANT/BAR, APARTMENTS, CONDOS. "You name it..."Highly-visible, "heart of LA" location - minutes to Mid Wilshire, Beverly Hills, Culver City, Santa Monica, K-Town and DTLA. 5,490 SQ. FT. LOT - it goes street-to-alley, facilitating development AND immediately ready to be reimagined. The CM zoning allows for many commercial uses and also allows for R3-zoned product aka apartments a/o condos. Tier 3 Density Bonus eligible - you get a 70% density bonus when building apartments/condos/townhomes. APN: 5046-006-002 EXCLUSIVELY LISTED AT $1,499,000 REDUCED $250,000 NEW PRICE OF $1,249,000 BRING ALL OFFERS - SELLER WANTS QUICK CLOSE. SELLER WILL FINANCE!!
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-01-21T18:32:07.62. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.