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5836 Ernest Ave

Culver City Art District SB-8 Exempt RTI Land

An LARD1.5 lot in the Culver City Art District that will be delivered with RTI plans! This SB-8 EXEMPT, NON RENT-CONTROLLED project (ultra-rare!) has approved plans for: one 4b/4b unit, two 4b/3b units, & one 3b/2b unit. We project an exit price of $3,300,000, making for an estimated profit of $750,000

List Price:
Lot Size:
Zoning:
Price/Lot SF: 
Existing Bldg:
SB-8:

Tenants:
RTI Plans:


Highlights:

$1,299,000
5,000 sqft
LARD1.5
$259.80
SFR

Exempt
None
1x 4b/4b
2x 4b/3b
1x 3b/2b ADU
Delivered with RTI plans
SB-8 Exempt
No tenants to relocate
Projected exit price of $3.3m
Estimated rent of $20,400/month

Click to View Photos

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Submit your offers now!

  • Comes with RTI plans! Get cranking on this profitable project right away!

  • SB-8 exempt! A rare opportunity to be able to build without having to offer low income housing.

  • Outstanding projected exit price of $3,300,000, making for an estimated profit of $750,000.

  • No rent control on the future project!

  • No relocations needed!

  • Non-tenant occupied!

  • Prime Culver City Art District location- an area with ultra-high rents and premium tenants!

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The Neighborhood

<15-Minute Walk

Whole Foods, Mandrake, Cognoscenti Coffee, Brunello Trattoria, Cliffs of Id, Industry Cafe & Jazz, See's Candy, Syd Kronenthal Park

<10-Minute Drive

Pasta Sisters, Helms Bakery District, Mendocino Farms, The Culver, The Culver City Steps, Farmhouse Kitchen, Amazon Studios, Culver Studios

<$10 Uber Ride

Target, Ivy Station, Sony Pictures, Midtown Shopping Center, The Grove, LACMA, The Farmer’s Market, El Rey Theatre, The Mint, Public School