Property Detail

Description

Trust Sale. No Court Confirmation Required. For Sale AFTER 40 years! Redevelopment Opportunity in City of Los Angeles, close to Centinela and Culver Blvd. A rare opportunity for investors, developers, and visionary buyers to unlock the property's potential through renovation, modernization, or redevelopment. Existing home is a 2-bedroom 1-bath with approx. 1,110 SF plus a detached garage, situated on an approximately 4,883 SF lot zoned LAR1. Electrical rewiring completed with permits in 2023. Tenant occupied, with current lease valid until June 30, 2028. Current monthly rent is $4,400 and will increase to $4,620 per month effective July 1, 2027. Conveniently located minutes from the Marina Freeway (I-90), I-405, Culver City, Mar Vista, Marina del Rey, Playa Vista, parks, restaurants, and neighborhood schools. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place and subject to current lease. Please DO NOT DISTURB the occupant(s). Seller shall not be responsible for any repairs, inspection reports, or termite work. Buyer shall conduct their own investigations and assume all responsibility for any necessary repairs/improvements. Seller is an independent fiduciary unrelated to the family and cannot make any representations as to the condition, history of the subject property.