427 Culver, Playa Del Rey, CA 90293

$2,650,000
List Price
$2,650,000
Status
ACTIVE
MLS#
220007077
Year Built
1963
Days on Market
38
Property Type
Commercial

Property Description

At the Heart of Silicon Beach, a Rare assemblage of six parcels (multiple sellers) in Playa Del Rey aka 'Silicon Beach.' The opportunity to redevelop includes all parcels between the park and the hotel, a total of +/-15,000 SF lot size. aka 423/425/427 Culver Blvd, Playa Del Rey. Asking price for the assemblage is $10,000,000. Zoning C-4. Featuring unobstructed Ballona Creek & ocean views, access to a coastal business and residential lifestyle, walkable Playa Vista- area community with an array of restaurants, gastropubs, bars, grocery, fitness, and service retail, easy access to the bike path along the beach. Dubbed 'Silicon Beach' for the strong concentration of technology, entertainment, and digital media industries that are located in the area stretching between Playa Vista, Culver City, Marina del Rey, Venice, and Santa Monica, the area is rapidly emerging as the center of the technology industry in Southern California. These coastal communities have become a magnet for entrepreneurial startups in recent years, serving as the location of choice for leading corporations including Snapchat, Facebook, Apple, Amazon, Google, Sony, Fox Media, The Honest Company, IMAX, Microsoft, YouTube, Vevo, Yahoo! Electronic Arts. 5 min walk to beach. 10 min to LAX

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Calculator source: Real Geeks

Listing courtesy of James Kim from Keller Williams Exclusive Properties