Overview
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Description
SELLER WILL FINANCE 70%-80% LTV. Build in a “hip” Opportunity Zone near Culver. CM (R3) Zoning allows for many permitted uses. CREATIVE/OFFICE, FLEX SPACE, RESTAURANT/BAR, APARTMENTS, CONDOS. “You name it…”Highly-visible, “heart of LA” location – minutes to Mid Wilshire, Beverly Hills, Culver City, Santa Monica, K-Town and DTLA. 5,490 SQ. FT. LOT – it goes street-to-alley, facilitating development AND immediately ready to be reimagined. The CM zoning allows for many commercial uses and also allows for R3-zoned product aka apartments a/o condos. Tier 3 Density Bonus eligible – you get a 70% density bonus when building apartments/condos/townhomes. APN: 5046-006-002 EXCLUSIVELY LISTED AT $1,499,000 REDUCED $250,000 NEW PRICE OF $1,249,000 BRING ALL OFFERS – SELLER WANTS QUICK CLOSE. SELLER WILL FINANCE!!
Address
Open on Google Maps- Address Jefferson
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90016
Details
Updated on January 16, 2026 at 11:08 am- Property ID: HZ26634979
- Price: $1,249,000
- Bathroom: 0
- Property Status: Land
- Listed by: Brice Head
- DRE #: 01330706
- Contact Mail: Brice.Head@cbre.com
- Brokered by: CBRE, Inc.
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