The Ghobadi Group of Colliers International is pleased to present a redevelopment opportunity in one of the most dynamic markets in Los Angeles County. With many new apartment complexes and mix use under construction, Culver City is transforming to one of the most attractive locations in Los Angeles to live and work. The subject property is a corner lot at 5800 Obama Boulevard, surrounded by major retail and apartment complexes. In addition, the property is strategically located within 0.5 miles of the La Cienega/Jefferson Metro station which makes it a fantastic redevelopment opportunity given the Tier 3 bonus density for Transit Oriented Community (TOC).
Currently the subject property is a well performing strip center anchored by Carl’s Jr., with the majority of tenant’s leases being month to month. Please contact the agent for more information.