MLS® ID: SR19083088CN

8612 Beverlywood St

Los Angeles, California, 90034

$1,175,000 Active
  • 2494 SQFT
A strategically positioned Culver City adjacent fourplex property for sale. The property is located a stone?s throw (approx. 4 blocks) from Culver City which is undergoing an unprecedented cultural renaissance spurned in part by the influx of major employers. This includes HBO who announced that they will occupy 240,000 SF of office space at the Ivy Station development currently under construction just 3,500 feet from the subject property ? this is also the location of the Expo line transit stop. The property is 1-mile from ?The Culver Steps? mixed use development which Amazon will occupy upon completion in addition to offices across the street for a total of 350,000 SF of office to be occupied by Amazon by year?s end.Current rents nearly 40% under market value.The property may also be developed into small lots [4-5 SLO homes]. Several small lot projects are slated for the immediate vicinity with end units fetching well into the $1M range. Row 8 two blocks away for example sold out immediately upon release in the $1.1M-$1.5M range and averaged 1,500 SF each.
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Listing courtesy of Evanisko Realty & Investment

Amenities

  • Zip
    90034
  • Office name
    Evanisko Realty & Investment
  • SQFT
    2494
  • Bedrooms
    0
  • Property type
    Residential Income
  • Zoning type
    LAR3
  • Year built
    1941
  • Lot size
    7246
  • Tax year
    0
  • Agent name
    Francis Evanisko
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    2000-2500 sq ft.
  • Area
    Beverlywood Vicinity
  • Year Built Range
    1989 (and earlier)
  • Office ID
    1027205
  • Agent ID
    1164964

Location

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