10713 Palms Blvd - Residential LAND FOR SALE


Los Angeles, CA 90034 12,898 SF
$4,395,000 USD
310-202-9166
10713 Palms Blvd, Los Angeles, CA for Sale
$4,395,000 USD
Residential LAND - FOR SALE
1/2
12,898 SF

10713 Palms Blvd
Los Angeles, CA 90034


HIGHLIGHTS

  • Vacant 12,898 SF Lot Located In A Prime Palms Neighborhood - Just A Short Distance To Downtown Culver City.
  • A Buyer Can Potentially Build Up To 42 Units or Could Apply For Increased Density To Build An ED-1 Project.
  • Rare Opportunity For A Developer To Purchase A Vacant R3 Lot In A Prime Palms Location.

OVERVIEW

This vacant 12,898 SF R3 lot located at 10713-10723 Palms Blvd. is a phenomenal development opportunity in a prime Palms / West L.A. neighborhood. The current Owner has plans for a 35 Unit Building- because of AB 1287 and ED 1, a buyer can potentially build up To 42 Units or could apply to build even more units as an ED-1 project. The site is located just a short distance to downtown Culver City – home to numerous major tech and media companies as well as a variety of entertainment destinations. The area has undergone an enormous transformation in recent years with the construction of many new apartment and commercial buildings as well as an influx of major entertainment companies acquiring office space nearby. Tremendous employment growth has taken place within roughly a 1 mile radius including Apple, Amazon Studios, and HBO occupying offices nearby. The lot is also near Sony Studios, Fox Studios, and Century City. Residents enjoy easy access to the Palms Expo Station, the 10 and 405 freeways and the Ivy Station - a mixed-use transit oriented development. The area is also home to superb retail amenities, restaurants, bars, and theatres. In addition, the site is in close proximity to several key job hubs in Culver City, Century City, Santa Monica, and Playa Vista which makes this a compelling location for renters and helps attract a high quality tenant base.

FOR SALE DETAILS

PRICE

$4,395,000 USD

PRICE/ACRE

$14,843,092/AC

PRICE/SF

$341 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Development Site In Prime Palms Location

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.3 AC

LAND SF

12,898 SF

OFFSITE IMPROVEMENTS

-

ZONING

LAR3

APN/PARCEL ID

4254-026-007

ASK ABOUT THIS PROPERTY

Gary FoxMiller & Desatnik Realty Corp.More Info
310-202-9166

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Gary FoxMiller & Desatnik Realty Corp.More Info
310-202-9166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.