818-325-4142
5800 Obama Blvd, Los Angeles, CA for Sale
Commercial LAND - FOR SALE
1/14
39,814 SF

5800 Obama Blvd
Los Angeles, CA 90016


HIGHLIGHTS

  • Redevelopment opportunity in a dynamic market in Los Angeles County
  • LAC4 / Transit Oriented Community (TOC) Tier 3
  • Potential to build ±170 apartment units – Buyer to verify
  • Within 0.5 miles of the La Cienega/Jefferson Metro Station; Surrounded by major retailers, shops and restaurants
  • Strategically located on busy intersection at Obama Avenue and La Cienega Boulevard
  • Currently operating as a well performing strip center anchored by Carl’s Jr.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Potential to Build ±170 Apartment Units

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units, Storefront Retail/Residential

LAND ACRES

0.91 AC

LAND SF

39,813 SF

OFFSITE IMPROVEMENTS

-

ZONING

C4-2D-CPIO

APN/PARCEL ID

4204-020-244

ASK ABOUT THIS PROPERTY

Reza GhobadiColliersMore Info
818-325-4142

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Reza GhobadiColliersMore Info
818-325-4142

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