The median home value in Los Angeles, CA is $972,000.
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The average price of homes sold in Los Angeles, CA is $972,000.
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compared to 47.38% rented, while
5.3% are vacant.
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https://svidlercre.com/delmas3751 *21 Unit Project in the Culver City-adjacent area of Los Angeles; designed with special care to construction efficiencies, with no subterranean parking (though 8 parking spaces are included) and stacked units. Spread over six stories, the finished project should offer unobstructed views on all sides starting on the 3rd floor and up. The Project will be delivered Ready-to-Issue, with 14,730 SF of rentable space spread out over the 17 original units and 4 future ADUs. With 7 two bedroom and 14 one bedroom units, build it and the tenants will come to enjoy the sixth floor spacious open patio and tremendous benefits of this location. Sixteen units will have balconies, the units will share an elevator, and there will be one staircase at each end of the building. Two units are reserved for ELI tenants. A five minute walk to Downtown Culver City, Erewhon and The Culver Steps, the property is surrounded by shops, nightlife, casual and fine dining. Near Sprouts, Trader Joe's, The Culver Theater, Equinox and just about anything else that a resident may want. Walk Score calls this area a Walker's Paradise, Very Bikeable with Good Transitjust half a mile to the Exposition Metro Station. The area is a jobs center, with the Los Angeles-area headquarters for Amazon, Apple and HBO. The Project will be delivered with approved DWP P-Drawings and no encroachment interferences, valuable entitlement approvals have been received through the Specific Plan and CEQA process. Unique entitlements granted the Project reduced yards on all four sides, resulting in a larger buildable envelope.
We are proud to exclusively present for sale a redevelopment opportunity a stone's throw to Culver City. This 7,320 SF (Q)R3-1 lot is ED 1 Eligible and sits in a Tier 2 of HACLA Small Area Fair Market Rents area. The site is eligible for unlimited density for affordable housing developments and is eligible for reduced parking per AB 2097 Tier 2 of HACLA Small Area Fair Market Rents. This site is also located in a Tier 2 TOC zone. Located on a street with easy cross-freeway access, head southwest and be at the Expo Line Station in no time, or head north and be at Kaiser Permanente in a handful of minutes. This location has it all, with Good Transit, Very Walkable and Very Bikeable streets. Walk to fine and casual dining, nightlife, shopping head to Downtown Culver City or jump on the Expo Line and head to the Transit Hub in Downtown LA or the Beach! Access to the 10 freeway is as easy as it gets! This site is perfect for Affordable Housing. Central to all, and in the middle of many high-paying skilled and entry level jobs. The property currently has a Duplex (per LAHD and CofOs, though Zimas states 3 Units). Delivered vacant at close of Escrow.
