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Showing Homes Nearby Calabasas, CA
Beds:
n/a
Baths:
Sq.Ft.:
11,594
Status:
Active
MLS#:
TR23034573
Type:
Office, Business Opportunities
Lot size:
1.65 Acres
Year built:
2009
Listing Agent: Grady Liu CalDRE: 01290494 - MacroReal Inv Grp Inc., [email protected] Grady Liu CalDRE: 01290494
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*** $335,000 REDUCTION ON PRICE*** 5.65% CAP RATE***The sale of this property is only subject to Condo units C,D,E. This is a recession resistant investment and a rare opportunity to purchase Three (3) retail condo units 100% occuiped by DaVita. Original lease 15 years from November 2012 with (2) Five-Year Options to renew at FMV. (High Income Demographics) With a 5-mile radius with Average Household Income is over $146,000; (Dialysis Demend) Within 5-mile radius, expecting over 11% growing population in the age group from 65 to 84 by 2027. (Affordability) Within 5-mile radius, Age 55-74 population with average household income of approximate $150,000.

Beds:
n/a
Baths:
Sq.Ft.:
2,387
Status:
Active
MLS#:
24343251
Type:
Business Opportunities
Lot size:
0.21 Acres
Year built:
1957
Listing Agent: Touran Teri Heravi CalDRE: 01185589 - Compass Touran Teri Heravi CalDRE: 01185589
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Potential Medical Office / Apartment development. Teri Heravi is proud to present the Exclusive Listing at 15217 Burbank Blvd in Sherman Oaks. Just East of Sepulveda on Burbank Blvd. Property offers High Traffic and High Visibility. In close proximately of Target and Costco, Sherman Oaks Galleria. Easy access to the 405 and 101 freeways. Formerly Law Offices with 5 offices, conference room, kitchen and 2 bathrooms. 2,387 SF / 9,426SF Lot. Zoned C2-1VL. Property offers rare 14 parking spaces. Delivered Vacant.

Beds:
n/a
Baths:
Sq.Ft.:
35,046
Status:
Active
MLS#:
SR24010316
Type:
Mixed Use, Business Opportunities
Lot size:
0.51 Acres
Year built:
1962
Listing Agent: Lynn Tran CalDRE: 02059032 - Real Brokerage Technologies, Inc., 818-395-4102 Lynn Tran CalDRE: 02059032
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Unique opportunity beckons for investors or developers in the vibrant heart of Van Nuys! Uncover the potential of this commercial property, zoned C2-1L, boasting a valuable 52-space parking lot. This versatile property holds immense promise, suitable for a spectrum of uses, from retail and service stations to garages, churches, schools, auto sales, apartments, condos, and hotels.The existing structure stands tall as a 5-story, 35,046 sqft building on a generous .51-acre lot, a rare find in the area. Convenience is paramount, with the property strategically positioned within walking distance of bustling shopping and dining hubs. Enjoy proximity to renowned establishments like Costco, Target, Chase bank, Starbucks, and more, enhancing the property's allure.Strategic location is further underlined by easy access to major freeways, including the 405, 118, and 101, streamlining connectivity for businesses and patrons alike. Sherman Way, a major cross street, adds to the property's accessibility.Seize the moment! Don't let this exceptional opportunity slip away. Schedule your private showing now to explore the full potential of this prime commercial property in Van Nuys.

Beds:
n/a
Baths:
Sq.Ft.:
13,290
Status:
Active
MLS#:
24378655
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1967
Listing Agent: David Kaufman CalDRE: 01217537 - David Ballin Kaufman David Kaufman CalDRE: 01217537
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Phenomenal Bel Air Location! Now Approved for Medical - Big Value Add Opportunity. 13,290 SF three-story office building on 7,853 SF lot, ideal for Medical/Surgery, Family Office, Law Firm, Production, or Entertainment. Ground floor is gated & secure parking for 26 cars. Iconic Location and Identity with Building Top Signage, directly across from the Getty Center Museum. Fully gated and secure entry with CCTV security camera system throughout. Steel beam & concrete construction with kitchen & conference amenities on each floor.

Beds:
n/a
Baths:
Sq.Ft.:
6,908
Status:
Active
MLS#:
WS23189323
Type:
Multi-Family, Business Opportunities
Lot size:
0.17 Acres
Year built:
1963
Listing Agent: Jinglin YUE CalDRE: 02083986 - COMPASS, 310-388-3761 Jinglin YUE CalDRE: 02083986
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REFINED PRICING! 5%+ CAP WITH 50% UPSIDE! Discover the potential of 14739 Delano St, a remarkable multifamily asset nestled in the vibrant heart of Van Nuys. This property, spanning 6,908 square feet, stands on a 7,503 square foot lot and comprises 11 bedrooms and 8 bathrooms, making it a substantial income-generating asset?1?.Boasting a rich tenant history, the property has been a choice residence for long-term tenants who value the stability and convenience it offers. The strong foundation of consistent, on-time rent payments highlights the reliability of this investment.With a notable gross rent of $11,000 per month and a potential escalation to a market rent of up to $21,000, this property promises a robust income stream and a horizon of revenue growth.The unit mix is thoughtfully designed to cater to diverse tenant preferences, featuring (5) comfortable 2-bedroom units and (3) inviting 1-bedroom units, ensuring a steady occupancy rate.Ideally positioned, 14739 Delano St offers its residents effortless access to transportation, shopping, and dining venues. The proximity to 'Van Nuys Village' shopping center enriches the living experience, providing a plethora of retail outlets, eateries, and services. The highly reputed 'Van Nuys Unified School District' is a stones throw away, making it an attractive choice for families.The upcoming East San Fernando Valley Light Rail line, with a planned station nearby, is set to enhance transportation options, offering convenient connections to the Metrolink train and the Metro Orange and Red Lines.Don't let this fantastic investment opportunity pass you by. Contact us today to schedule a viewing and delve into the endless possibilities awaiting at 14739 DelanoSt,VanNuys.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
ML81938384
Type:
Business Opportunities
Lot size:
89.58 Acres
Listing Agent: Kathryn Walker Airoldi CalDRE: 01188007 - Coldwell Banker Realty Kathryn Walker Airoldi CalDRE: 01188007
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Agriculture exclusive zoning for this 89-acre parcel in Moorpark with easy access off Los Angeles Avenue near Highway 118. Excellent location for vegetables, avocadoes or citrus. Could potentially be subdivided into 2 parcels.

Beds:
n/a
Baths:
Sq.Ft.:
9,320
Status:
Active
MLS#:
SR23229665
Type:
Retail, Business Opportunities
Lot size:
0.44 Acres
Year built:
1940
Listing Agent: Vic Deirmendjian CalDRE: 00599219 - Vic J. Diermendjian, 818-519-6755 Vic Deirmendjian CalDRE: 00599219
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0.44 acres available for sale 9320 SF Retail Building, automotive bays with 30' high rollup doors at 8646 Sepulveda Blvd. This lot is combined with and must be sold with 8646 Sepulveda, as contiguous properties.Please review the listing for 8646 Sepulveda.

Beds:
n/a
Baths:
Sq.Ft.:
9,320
Status:
Active
MLS#:
SR23229663
Type:
Retail, Business Opportunities
Lot size:
1.33 Acres
Year built:
1985
Listing Agent: Vic Deirmendjian CalDRE: 00599219 - Vic J. Diermendjian, 818-519-6755 Vic Deirmendjian CalDRE: 00599219
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First time on market in over 40 years. Absolutely prime for affordable housing development, or owner user or for any of the below developments or use as auto service bays with 30 feet height with rollup doors, offices, break room and sales offices. Close to the 405, 101, 134, 170, 210 and 118 freeways. This location would be an excellent site as a satellite sales center as an auto dealership, mixed use multifamily over retail development. Rare infill 1.32 acre of LAC2 zoned property perfect for owner user or as an investment or redevelopment as multifamily, automotive, car wash, service station, auto body shop, RV storage and repair, RV service, self storage, auto dealer sales lot, medical clinic development, shopping center development, LIHTC multifamily development, retail small box, grocery outlet, fast food, drive thru, car wash, convenience store, gas station, hotel, assisted living, seniors age restricted residential development and much more.Developers and buyers to verify the above uses. Owner, its agents, brokers make no warranties expressed or implied as to the permitted uses by the City of Los Angeles Planning Department. Must be sold with 8628 Sepulveda for a total land size of 1.76 acres. Please submit highest and best price.

Beds:
n/a
Baths:
Sq.Ft.:
2,468
Status:
Active
MLS#:
220008972
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1920
Listing Agent: Derrick Timmons CalDRE: 01886244 - Century 21 Real Estate Alliance Derrick Timmons CalDRE: 01886244
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Want to buy a commercial property in old town Moorpark? Want to also buy a home in Moorpark? Why not do BOTH?? This is a rare MIXED-USE opportunity with a Freestanding Retail Structure andFreestanding Residential Structure. The property is in a highly visible location on a corner of a busy road surrounded by historic buildings. There is a gated parking area with a few storage units on site. The character of the surrounding area allows one to enjoy what Moorpark used to be while still having access to all the modern conveniences. Make an appointment with your agent today!

Beds:
n/a
Baths:
Sq.Ft.:
9,500
Status:
Active
MLS#:
SR24035256
Type:
Business Opportunities, Warehouse
Lot size:
0.16 Acres
Year built:
1929
Listing Agent: Scott Pinkerton CalDRE: 01338387 - Century 21 Peak, 818-621-7732 Scott Pinkerton CalDRE: 01338387
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Great opportunity for owner user to operate approximately 5,000 SF of mixed use property with office/ retail space and or warehouse space . This retail space has vaulted ceilings, and polished concrete floors. Situated approximately 200ft west of Van Nuys Blvd. The property boasts versatile zoning (LAC2) Potentially for a multi-residential development an excellent opportunity for both Owner user and developers alike. The combination of location, zoning, and redevelopment possibilities makes this property a lucrative opportunity for savvy investors.Property can also be purchased together with 14520 Erwin St for $1,850,000.

Beds:
n/a
Baths:
Sq.Ft.:
4,500
Status:
Active
MLS#:
SR24041569
Type:
Retail, Business Opportunities
Lot size:
0.16 Acres
Year built:
1923
Listing Agent: Scott Pinkerton CalDRE: 01338387 - Century 21 Peak, 818-621-7732 Scott Pinkerton CalDRE: 01338387
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Welcome to an exceptional real estate opportunity at 14520 W Erwin Street off Van Nuys Blvd. This mixed-use property 4500 SF offers a versatile space for various commercial ventures..Constructed with durable reinforced concrete, the property boasts a secure and inviting windowed front, providing both visibility and natural light. Impressively high ceilings reaching 18 feet offer ample vertical space, complemented by high power outputs to accommodate diverse operational needs. Convenient alley access along the East side of the property enhances logistical ease, while the prime location approximately 200 feet west of Van Nuys Blvd ensures excellent visibility and accessibility.The property comprises two structures on site, both currently vacant and ready for reimagining. 14520 W Erwin Street features two entry doors directly off Erwin Street, offering easy access for clientele. A gated courtyard and dedicated employee parking add to the appeal of this structure, which includes multiple offices, conference rooms, and a bathroom. While the interior presents a solid foundation, updates are needed to attract potential tenants and maximize its potential.Adjacent to 14520 Erwin Street, 14518 Erwin Street offers additional space separated by a courtyard. Previously utilized as a Sanctuary, this structure features vaulted lower level ceilings and sturdy concrete flooring. Rooms along the side of the lower level structure provide flexibility for various uses, while an upper level mezzanine offers two additional rooms for expanded functionality.This property presents an exciting canvas for investors or business owners seeking a strategic location with significant potential. With both exterior and interior spaces awaiting transformation, seize the opportunity to shape this property into a vibrant hub for commerce or community in this dynamic neighborhood.Can also be purchased with 14526 Erwin for $2,149,999

Beds:
n/a
Baths:
Sq.Ft.:
7,250
Status:
Active
MLS#:
CV24061553
Type:
Retail, Business Opportunities
Lot size:
0.18 Acres
Year built:
1911
Listing Agent: THE MARK AND AL TEAM CalDRE: 00914322 - CENTURY 21 MASTERS THE MARK AND AL TEAM CalDRE: 00914322
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An exceptional opportunity awaits to acquire a piece of historic Van Nuys. This property thrives amidst a bustling commercial hub, adjacent to a popular Mexican restaurant and strategically positioned across from the federal, state, and local government center, housing administrative offices, courthouses, and a post office. It presents a rare chance for businesses seeking to establish themselves in a vibrant and dynamic locale. The venue, currently operational and meticulously designed, caters to a diverse range of events, from elegant weddings to corporate galas and milestone celebrations, accommodating the capacity of 100 people. While the business itself is not for sale, this property offers a prime location that should not be overlooked. Conveniently, public parking is within walking distance, enhancing accessibility for guests and patrons. With its mixed-use potential and proximity to key amenities, this property is a compelling investment opportunity for those looking to capitalize on Van Nuys' rich heritage and thriving commercial landscape.

Beds:
n/a
Baths:
Sq.Ft.:
4,351
Status:
Active
MLS#:
24372763
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1979
Listing Agent: Or Brodsky CalDRE: 01960565 - Compass Or Brodsky CalDRE: 01960565
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Fully renovated office complex conveniently located within an OPPORTUNITY ZONE just off Van Nuys Blvd, showcasing four individual units, four bathrooms, a spacious conference room, two fully equipped kitchenettes, and 14 parking spots accessible via a private motorized gated driveway. Renovations encompass comprehensive upgrades including drywall installation, electrical improvements, flooring replacement, new doors and partitions, as well as a fresh roof and windows. The primary upstairs unit features custom glass partitions, an expansive open floor plan, and a covered turfed balcony. Situated within easy reach of shopping centers, retail outlets, Van Nuys airport, and The Superior Court of California for added convenience.

Beds:
n/a
Baths:
Sq.Ft.:
5,950
Status:
Active
MLS#:
SR24034108
Type:
Retail, Business Opportunities
Lot size:
0.23 Acres
Year built:
1977
Listing Agent: Sofya Davidovich CalDRE: 01232184 - Citywide Realty Services, 818-620-2080 Sofya Davidovich CalDRE: 01232184
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Terrific retail commercial property with a lot of potential due to its prime location in Van Nuys. The ample parking with 12 parking spaces and high visibility are definite advantages for attracting customers. Property features a 5,950 SF building on a large lot of 10,000 SF with newer roofing. The property offers convenient access to public transit, major freeways and existing LA Metro Orange line as well as Potential Project Metrolink Green line.

Beds:
n/a
Baths:
Sq.Ft.:
7,180
Status:
Active
MLS#:
SR24024760
Type:
Multi-Family, Business Opportunities
Lot size:
0.18 Acres
Year built:
1959
Listing Agent: Paul Baccino CalDRE: 01971933 - Equity Union, 310-359-5598 Paul Baccino CalDRE: 01971933
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An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joes, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.

Beds:
n/a
Baths:
Sq.Ft.:
6,523
Status:
Active
MLS#:
PV21021072
Type:
Office, Business Opportunities
Lot size:
0.08 Acres
Year built:
2008
Listing Agent: Paul Carrese CalDRE: 01356791 - Coldwell Banker Realty, 310-910-1547 Paul Carrese CalDRE: 01356791
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This office building at the Conejo Ridge Executive Center consists of approximately 6,523 sq ft. Offering extensive window line and abundant surface parking, this property shows well and is light and bright. The Conejo Ridge Executive Center is located adjacent to the US 101 Freeway with freeway visibility, easy on/off freeway access via Wendy Drive in Thousand Oaks and numerous retail and dining options nearby. This is the best small office available in the Conejo Valley. The owners association makes it easy to manage, with the owner only responsible for their building. The grounds, parking lot and other common areas are professionally managed & maintained, and shows well. Suites range in size from 577 sq ft, to 3,200+ sq ft. It's a 2 story office building, with an elevator, and is easy to show. Call to schedule a viewing. Lease rates are currently $1.80/psf/mg. Each suite has separate electric meter and hvac unit. Call for listing agent for current/additional information. The building has a newer roof with warranty. All HVAC units have been inspected and serviced, as well as the elevator car and fire sprinklers. This building is in turn-key condition. The Conejo Valley, located along the Hwy 101 corridor, has long been exalted for its superior lifestyle, excellent Mediterranean climate, affluent residential character and various residential options, beautiful mountain views, shopping and other amenities

Beds:
n/a
Baths:
Sq.Ft.:
4,601
Status:
Active
MLS#:
24361067
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1963
Listing Agent: Arthur Peter CalDRE: 01068613 - PAR Commercial Brokerage Arthur Peter CalDRE: 01068613
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Building was remodeled in 2013-2014 | Move-in ready creative office with state-of-the art recording/mixing studio in prime Downtown Santa Monica location

Beds:
n/a
Baths:
Sq.Ft.:
33,294
Status:
Active
MLS#:
24355773
Type:
Business Opportunities
Lot size:
0.86 Acres
Year built:
1938
Listing Agent: Conor Halloran CalDRE: 02085970 - Lee & Associates Los Angeles West Inc. Conor Halloran CalDRE: 02085970
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Lee & Associates Los Angeles West Inc. & Bond Street Partners, acting as the exclusive advisor, are pleased to present the investment opportunity to acquire the 100% fee simple interest in 1248 5th Street, known as the Santa Monica Post Office. This iconic property offers an unprecedented opportunity to capitalize on Santa Monica's March 2023 Housing Element update to build 157 luxury residences anchored by 32,900 square feet of existing, architecturally stunning retail in the heart of Downtown Santa Monica. With its multi-level design, this two-story, historical building stands as a remarkable landmark and perfect jewel box owner-user compound with development potential. Its enviable location provides immediate access to a vibrant technology and creative community, prestigious shops, renowned restaurants, nightlife, and attractions, ensuring strong rental absorption and retail fundamentals. Boasting meticulously preserved interiors that exude an air of sophistication and charm, this space is truly unrivaled and ready for an investor to reinvent the asset into a world-class destination. Visit www.santamonicapostoffice.com for more information.

Beds:
n/a
Baths:
Sq.Ft.:
4,393
Status:
Active
MLS#:
24358819
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1946
Listing Agent: Victoria Risko CalDRE: 01033692 - The Beverly Hills Estates Victoria Risko CalDRE: 01033692
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*Incredible opportunity to reposition this excellent asset or to redevelop entirely. *Set on an oversized lot of 7,500sf that measures 50 feet of frontage along Santa Monica Blvd and 150 deep with rear alley access. *Highly visible location - Over 30K cars each day drive along Santa Monica Blvd *Access to major tech employers, close proximity to Brentwood and West LA, along with all the world class attractions of Santa Monica Three separate buildings on site. Single story building that fronts SM Blvd is comprised of two side by side commercial units (month to month/ appx 1,500sf), a detached commercial unit with loft (month to month, appx 1,500sf ) and a rear building that is residential with three units totaling about 1,470sf (a 2/1, 1/1 and studio). All residential units on month to month. This property affords the buyer an opportunity to immediately reposition a stabilized asset as all the commercial leases are month to month. This works for an owner user or for an investor. Additionally, one can redevelop into a mixed use property and take advantage of density bonuses from the City of SM.

Beds:
n/a
Baths:
Sq.Ft.:
4,368
Status:
Active
MLS#:
24383839
Type:
Business Opportunities
Lot size:
0.1 Acres
Year built:
1948
Listing Agent: Jennifer Hughes CalDRE: 01440438 - Compass Jennifer Hughes CalDRE: 01440438
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In 1948, the Sun & Sea Motel was built nestled at the base of the iconic Santa Monica Pier. Today, you have the extraordinary opportunity to purchase 1661 Appian Way. This beachside oasis offers 12 units, each with breathtaking ocean and pier views, plus 8 private garages and extra spaces, ensuring convenient parking for residents. The building has an expansive, zen backyard that includes areas for sun lounging and al fresco dining, perfect for savoring warm coastal evenings. Originally constructed in 1948 as 6 apartments and 6 guest rooms, public records indicate the Land Use as "Motel" and County Use as "Motel Under 50 Units". Prospective buyers are encouraged to conduct their own research to determine the future potential of this remarkable property. Picture owning an investment asset with such promising possibilities where the vibrant energy of the pier and the tranquil beauty of the ocean converge. Whether you're seeking an income property for tenants to enjoy a serene retreat or an exhilarating coastal escape, this building offers the best of both worlds. Don't miss this rare opportunity to own a piece of beachside paradise in the heart of Santa Monica. Schedule a viewing today and transform your dream of owning an income property by the iconic Santa Monica Pier into a reality!

Beds:
n/a
Baths:
Sq.Ft.:
1,954
Status:
Active
MLS#:
24363805
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1984
Listing Agent: Karen Humphreys CalDRE: 01700252 - Karen Humphreys Karen Humphreys CalDRE: 01700252
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6,000 sq.ft. corner lot one block from Santa Monica Beach and Main Street stores and restaurants. Lot is zoned MUBL (Mixed-Use Boulevard Low), which favors potential development of ground floor commercial and upper floor housing. Highly visible potential site to show off new architecture. Could be used for home and business. The property currently has a 3 BR 2 bath 1,954 sq.ft. home built in 1984. Gated access to a two car garage and additional parking. Do not disturb occupants. Seller will show the house only after accepted offer. To be sold "As Is". Seller requests up to six months leaseback after the sale to facilitate moving.

Beds:
n/a
Baths:
Sq.Ft.:
1,553
Status:
Active
MLS#:
SR24044950
Type:
Retail, Business Opportunities
Lot size:
0.11 Acres
Year built:
1956
Listing Agent: Gerardo Jerry Ascencio Sr. CalDRE: 01167079 - San Fernando Realty, Inc., 818-391-5212 Gerardo Jerry Ascencio Sr. CalDRE: 01167079
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Great retail building with lots of vehicular and foot traffic. Main tenant is a cannabis dist business and smaller space is a billing office. Seller has done many upgrades including new plumbing, new central HVAC, and a new 400 amp electrical panel. This property has 7 parking spaces behind building. Neighbor on east side is a gas station. Located across the street from Plaza with a CVS, Banking and Vallarta Super Market. Located near restaurants and shops. OM with rent roll is available upon request.

Beds:
n/a
Baths:
Sq.Ft.:
2,800
Status:
Active
MLS#:
OC24064041
Type:
Multi-Family, Business Opportunities
Lot size:
0.14 Acres
Year built:
1920
Listing Agent: Lily Jackson CalDRE: 01302315 - Keller Williams OC Coastal Realty, 949-290-5974 Lily Jackson CalDRE: 01302315
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Own a 50% interest in this fourplex residential lease building, now for sale. Be a Tenant in Common in this four plex that is 3 blocks from the Santa Monica beach. This is a 100 year old building and needs updating. The price is for 50% interest in the building. Currently the co owner lives in one unit, and three units are rented. This is a great opportunity to fix up the property, and improve it, or get everyone out of the building, and re build. The choice is yours.

Beds:
n/a
Baths:
Sq.Ft.:
4,329
Status:
Active
MLS#:
SR23206163
Type:
Retail, Business Opportunities
Lot size:
0.15 Acres
Year built:
1977
Listing Agent: Brian Hatkoff CalDRE: 00644374 - Hatkoff Investments, 818-571-6554 Brian Hatkoff CalDRE: 00644374
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This is a prime commercial property for owner user retail or office use. All one floor. About half is office space and the other half is used for inventory, vehicle parking, etc. Great frontage visibility with signage on the building and on the monument sign. Great 10% down SBA financing may be available.

Beds:
n/a
Baths:
Sq.Ft.:
914
Status:
Active
MLS#:
24381625
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1935
Listing Agent: Omar Evanns CalDRE: 02181182 - Keller Williams Larchmont Omar Evanns CalDRE: 02181182
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****NOTE!! TO BE SOLD TOGETHER WITH HOUSE NEXT DOOR [CONTIGUOUS LOT] AT 12222 EXPOSITION, TOTAL PRICE FOR BOTH, $5,400,000.00**** BTRE is pleased to present a prime development opportunity in rapidly changing Olympic/Bundy area, literally right across from the Metro Line, a stone's throw from retail (Trader Joes, Gelsons), entertainment (Bars, restaurants, coffee shops, in re-vitalized Pico/Bundy area, as well as large Westedge mixed-use upscale apartment/retail development) and quite nearby to employment centers (Fox 11; Riot Studios; USC Medical) Offering is two Contiguous Lots, 9416 Square Ft total. A recent feasibility study on the property shows a current POTENTIAL OF UP TO 96 UNITS ON THE PROPERTY - based on the new ED1 program, a product of a recent (December 2022) executive order from the City of LA, designed to encourage affordable housing.[Other potential unit mixes are available, but highest/best use is ED-1 by far, see feasibility study in documents folder for full report*]There are homes on both lots, and there are tenants in the homes. Do not disturb tenants; drive by only/contact agent for any further viewing. *: Feasibility study obtained by Seller's agent from third party. Seller, Sellers Brokers, Sellers Agents, make no warranties as to the correctness of said information. Buyer to do own due diligence.

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