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3704 Kelton Avenue

Los Angeles (City), CA 90034
  • $2,995,000
  • STATUS: Active Under Contract
  • ON SITE: 82 Days
  • ID#: PW21203617
Under Contract
UPDATED: 53 min ago
$2,995,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent: Steven Bogoyevac of Steven M. Bogoyevac, Broker and David O'keefe of Marcus & Millichap


Description

3704 Kelton Avenue is a multifamily development opportunity n Los Angeles proximate to bustling Downtown Culver City. The property is a 10,280-square foot lot zoned LAR3, and an investor may be able to utilize Tier 2 TOC incentives to maximize the lots development potential and build up to 17 units and 18,900 square feet (buyer to verify). 3704 Kelton Avenue is located in a very strong rental market with an affluent tenant base; over 82 percent of housing units within one mile are renter-occupied and the average household income exceeds $103,000. This sought-after area is known for its major employers, such as Sony Pictures (one mile from the property), its popular dining, retail, and entertainment options, and convenient access to beach cities and the 10 and 405 freeways.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-07T16:28:22.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Elevate Palm Springs. Licensed in the State of California, USA.
www.elevatepalmsprings.net/homes/121449640
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3704 Kelton Avenue Los Angeles (City), CA 90034

  • Price: $2,995,000
  • Status: Active Under Contract
  • On Site: 82 Days
  • Updated: 53 min ago
  • ID#: PW21203617
0
Beds
0
Baths
0
½ Baths
0.24
Acres
Neighborhood:
C13 - Palms - Mar Vista
County:
Los Angeles
Area:
C13 - Palms - Mar Vista
Property Description
3704 Kelton Avenue is a multifamily development opportunity n Los Angeles proximate to bustling Downtown Culver City. The property is a 10,280-square foot lot zoned LAR3, and an investor may be able to utilize Tier 2 TOC incentives to maximize the lots development potential and build up to 17 units and 18,900 square feet (buyer to verify). 3704 Kelton Avenue is located in a very strong rental market with an affluent tenant base; over 82 percent of housing units within one mile are renter-occupied and the average household income exceeds $103,000. This sought-after area is known for its major employers, such as Sony Pictures (one mile from the property), its popular dining, retail, and entertainment options, and convenient access to beach cities and the 10 and 405 freeways.
Exterior Features

View None View YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-07T16:28:22.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Elevate Palm Springs. Licensed in the State of California, USA.
 
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Elevate Palm Springs
668 N Palm Canyon #208
Palm Springs CA, 92240
Listing Agent: Steven Bogoyevac of Steven M. Bogoyevac, Broker and David O'keefe of Marcus & Millichap