301 Culver Blvd, Playa Del Rey, CA 90293

Property Description

HUGE price reduction off original listing.Zoned C-4 with an R-3 overlay. Almost 6500 sf of building sits on a 10,001 sf of land. 3 Blocks from the Ocean in the desirable and blossoming Beach/Lagoon community of Playa Del Rey. Huge upside to this under-utilized retail space. The permitted 2 + 1 residential unit sits atop the three retail shops below and offers spectacular views, a 2-car garage, backyard deck and storage shed. Two of the three retail spaces are thriving, even during Covid. The Nail salon is recovering. The Market is the only property with a lease. All others are on month-to-month. The residential is owner occupied and will be delivered vacant at COE. Height limit is 37' and the FAR is 1 - 1. There is no deeded parking other than the residential garage, but the property is bordered on the west with a city-owned 15 public spaces adjacent to the building and the State owns the 68 Parking spots directly to the north.