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318 Culver Boulevard
Playa Del Rey, CA 90293


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Property Remarks

The rewards of this mixed use 9 unit property are as plentiful as are the options. 4 Residential 2+1 units fronting Pershing Dr. combine with 5 Storefront Retail fronting Culver Blvd. to form this unique mixed use combination. Past feasibility studies have an exciting variety of creative buyers to this project. Envision your own. Egress possible via 333 Pershing. Strong upside for development in an underserved but rapidly gentrifying market. Just 3 blocks to the Beach. The Silicon Beach label has quadrupled pedestrian traffic. The traffic diet is gone. The airport won't expand. This is the hot spot for the 21st century at Silicon Beach.

Property Details

MLS#
18300520
Days on Market
142
Year Built
1962
Stories
2
Building/Living Area (sq ft)
7,601
Source of SqFt
Vendor Enhanced
Source of Lot Size
Public Records

Location

State
CA
County
Los Angeles
Area
Playa Del Rey (C31)

Presented By:

Listing provided courtesy of Thomas Corte , ERA Matilla Realty


Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Interior

Interior Features
Other

Additional Property Details

Number of Units
9
Parking Spaces
4
Number of Buildings
3
Gross Operating Income
$179,361
Total Expense
$21,269
ADA Compliance
No

Heating
Other
Parking
Carport Attached

Playa Del Rey

Enjoying a generous expanse of prime Southern California coastline, Playa del Rey sometimes gets confused for its neighbors Marina Del Rey and Del Rey but this intimate beachside enclave on the Westside of Los Angeles should be known and adored in its own right for its long sandy beach and the protected Ballona Wetlands, home to a wide variety of flora and fauna.

Real Estate: Palisades del Rey was the name of the original 1921 neighborhood land development by Dickinson & Gillespie Co. that later came to be called Playa del Rey.  The discovery of oil in the area and the creation of nearby aviation facilities led to a bit of an industrial boom.  This neighborhood includes post-war tract homes and small apartment buildings, some of which have now been converted to condominiums. Many of the homes on the hills overlooking the Pacific Ocean have been expanded in recent years to suit the tastes of modern owners. 

Community Life: The beach beckons here as does Playa del Rey Lagoon park which includes a baseball diamond and small lake. A bridge between Playa del Rey and the jetty between Ballona Creek and the Marina is accessible for pedestrians and bicycles.

Biography:  Enjoying a generous expanse of prime Southern California coastline, Playa del Rey sometimes gets confused for its neighbors Marina Del Rey and Del Rey but this intimate beachside enclave on the Westside of Los Angeles should be known and adored in its own right for its long sandy beach and the protected Ballona Wetlands, home to a wide variety of flora and fauna.

Real Estate: Palisades del Rey was the name of the original 1921 neighborhood land development by Dickinson & Gillespie Co. that later came to be called Playa del Rey.  The discovery of oil in the area and the creation of nearby aviation facilities led to a bit of an industrial boom.  This neighborhood includes post-war tract homes and small apartment buildings, some of which have now been converted to condominiums. Many of the homes on the hills overlooking the Pacific Ocean have been expanded in recent years to suit the tastes of modern owners. 

Community Life: The beach beckons here as does Playa del Rey Lagoon park which includes a baseball diamond and small lake. A bridge between Playa del Rey and and the jetty between Ballona Creek and the Marina is accessible for pedestrians and bicycles.

Education: Playa del Rey is served by the Los Angeles Unified School District and the Wiseburn School District also accepts students from the area. Schools in the area include Paseo del Rey Natural Science Magnet, Westchester Hugh School, Orville Wright Middle School, Loyola Village Elementary School and Kentwood Elementary School. Private schools include St. Bernard High School and Del Rey Christian Children’s Center.  

Transportation: Playa del Rey is easily reached by the Pacific Coast Highway (1). The area is served by a Route 3 of the Big Blue Bus as well as several other bus lines.

Local Attractions:  Dockweiler Beach is a popular draw, attracting people from many surrounding areas. Fire pits make summer bonfires a beloved activity.

Education: Playa del Rey is served by the Los Angeles Unified School District and the Wiseburn School District also accepts students from the area. Schools in the area include Paseo del Rey Natural Science Magnet, Westchester Hugh School, Orville Wright Middle School, Loyola Village Elementary School and Kentwood Elementary School. Private schools include St. Bernard High School and Del Rey Christian Children’s Center.  

Transportation: Playa del Rey is easily reached by the Pacific Coast Highway (1). The area is served by a Route 3 of the Big Blue Bus as well as several other bus lines.

Local Attractions:  Dockweiler Beach is a popular draw, attracting people from many surrounding areas. Firepits make summer bonfires a beloved activity.

Community Explorer

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