11700 Charnock Rd
Los Angeles, CA 90066
Mar Vista Development Opportunity · Land For Sale · 0.17 AC

Marcus & Millichap, as exclusive listing agents, is pleased to market for sale11700 Charnock Road, a high-profile 9 unit condo / multifamily development opportunity located on the south west corner of McLaughlin Avenue and Charnock Road in Mar Vista, CA. The property is comprised of 0.17 Acres (Ap-proximately 7,388 square feet) of land zoned R3-1. 11700 Charnock Road is ideally located in the high demand Westside submarket of Mar Vista, CA which boasts high-end demographics ($77,000-$105,433 median household income within a 3-mile radius), dense immediate population (11,923 people / sq. mile), high barriers to entry, and strong market funda-mentals yielding an investor/ developer landlord favored market conditions with significant growth potential. Centrally located just west of the 405 Freeway, and conveniently located in the center of a broad range of employment and retail options, 11700 Charnock Road is surrounded by affluent high-end neigh-borhoods, some of the most high-end shopping malls in Los Angeles (Third Street Promenade, Marina Marketplace, and Westside Pavilion), and numerous high-profile office towers and residential developments. 11700 Charnock Road is conveniently positioned within close proximity to Westside beach cities, Santa Monica, Venice and Marina Del Rey. The world-re-nowned Westside features a plethora of high-profile office towers, and specialty retail stores as well as some of the world’s most sought-after entertainment desitinations. Today, the area boasts its ever-growing housing market due to its central location and premier live/work/play environment 11700 Charnock Road lies in the center of Los Angeles Westside, the center of culture, commerce and community in the heart of Los Angeles. With recently constructed and proposed mass transit stations coming to the area, Westside is quickly becoming a premiere walkable pedestrian-oriented community. According to the Mapping L.A. project of the Los Angeles Times, Mar Vista is adjoined on the northeast by Palms, on the east, southeast and south by Cul-ver City, on the west by Venice and on the northwest by Santa Monica. Mar Vista’s street and other boundaries are: the San Diego Freeway to the Culver City boundary at Venice Boulevard on the northeast, the Culver City line on the southeast, Walgrove Avenue on the southwest and the Santa Monica city boundary on the northwest. The northern apex of the Mar Vista neighborhood is at the San Diego Freeway and National Boulevard and the southern is at Washington Boulevard and Tivoli Avenue The property is comprised of 0.17 acres (approximately 7,388 square feet) of land currently improved with a 2,720 square foot quadraplex built in 1950.