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Land For Sale

12727 West Washington Boulevard, Los Angeles, CA 90066

Overview

Price:$25,000,000
Property Type:Land
Total Lot Size:57,342 Acres

Description

Lee and Associates is pleased to present Triangle, a fully entitled mixed- use project located at 12727 W. Washington Blvd, in the highly sought-after neighborhood of Culver West. The current entitlements allow for 144 units and 19,431 square feet of retail space with a gross building area of approximately 166,250 square feet. A new owner has the option of incorporating up to 20 additional units in Los Angeles per AB1287 density bonus. Proposed amenities include a pool, rooftop deck, outdoor seating area with BBQs, fire pits, a gymnasium, and a lounge for your tenants to enjoy. This opportunity gives a developer the ability to make an immediate impact on the Culver City multi-family market with a class A building on a top tier corridor. Bounded by 3 Streets: Washington, Zanja and Meier. A very rare opportunity to acquire a fully entitled mix-use development in a prestigious location.

Location

Lee and Associates is pleased to present Triangle, a fully entitled mixed- use project located at 12727 W. Washington Blvd, in the highly sought-after neighborhood of Culver West. The current entitlements allow for 144 units and 19,431 square feet of retail space with a gross building area of approximately 166,250 square feet. A new owner has the option of incorporating up to 20 additional units in Los Angeles per AB1287 density bonus. Proposed amenities include a pool, rooftop deck, outdoor seating area with BBQs, fire pits, a gymnasium, and a lounge for your tenants to enjoy. This opportunity gives a developer the ability to make an immediate impact on the Culver City multi-family market with a class A building on a top tier corridor. Bounded by 3 Streets: Washington, Zanja and Meier. A very rare opportunity to acquire a fully entitled mix-use development in a prestigious location.

Contact Broker

Duncan Lemmon
Principal
Lee & Associates West Los Angeles

Office310.899.2733

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