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
 |
|---|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
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!
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