NEW ASKING PRICE: $22,750,000

Entitled Project Stats

ADDRESS: 12727 W. Washington Blvd., Culver City, California
PROJECT TYPE: 6-Story, Mixed-Use
ZONING: Culver City: CG Los Angeles: R3-1
SITE AREA: Culver City: 33,858 SF, Los Angeles: 23,484 SF = Total: 57,342 SF
ALLOWABLE FAR: 2.92
HEIGHT: Culver City: 67 FT, Los Angeles: 56 FT
GROSS BUILDING SIZE: 166,250 SF
COMMERCIAL: 19,431 SF
RESIDENTIAL: 144 Units 130,319 SF (Net Leasable)
UNIT MIX: Studio: 24, 1 Bed: 84, 2 Bed: 36
PARKING: 2 Underground Levels, 234 stalls
JURISDICTION: Culver City is the lead jurisdiction on Construction.

Proposed Project Stats

ADDRESS: 12727 W. Washington Blvd., Culver City, California
PROJECT TYPE: 6-Story, Mixed-Use
ZONING: Culver City: CG Los Angeles: R3-1
SITE AREA: Culver City: 33,858 SF, Los Angeles: 23,484 SF = Total: 57,342 SF
ALLOWABLE FAR: 2.82
HEIGHT: Culver City: 67 FT, Los Angeles: 56 FT
GROSS BUILDING SIZE: 161,475 SF
COMMERCIAL: 15,164 SF
RESIDENTIAL: 144 Units ,121,022 SF (Net Leasable)
UNIT MIX: Studio: 17, 1 Bed: 77, 2 Bed: 50
PARKING: 2 Underground Levels, 234 stalls
JURISDICTION: Culver City is the lead jurisdiction on Construction.

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.