Log In/Sign Up
Your email has been sent.
Triangle Center 12727 W Washington Blvd 144 Unit Apartment Building $22,750,000 ($157,986/Unit) Los Angeles, CA 90066
INVESTMENT HIGHLIGHTS
- Fully Entitled
- Bounded by 3 Streets: Washington, Zanja and Meier
- Mixed-Use Opportunity
EXECUTIVE SUMMARY
NEW ASKING PRICE: $22,750,000
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.
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.
PROPERTY FACTS
| Price | $22,750,000 | Building Class | B |
| Price Per Unit | $157,986 | Lot Size | 1.31 AC |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 144 | Building Size | 161,475 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | ||
| Zoning | CG, LA R-3-1 - General Commercial, Restricted Density Multiple | ||
| Price | $22,750,000 |
| Price Per Unit | $157,986 |
| Sale Type | Investment |
| No. Units | 144 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 1.31 AC |
| Construction Status | Proposed |
| Building Size | 161,475 SF |
| No. Stories | 4 |
| Zoning | CG, LA R-3-1 - General Commercial, Restricted Density Multiple |
AMENITIES
SITE AMENITIES
- Fitness Center
- Pool
- On-Site Retail
- Wi-Fi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 17 | - | - |
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 4236-020-006 | Improvements Assessment | $111 |
| Land Assessment | $7,111,431 | Total Assessment | $7,111,542 |
PROPERTY TAXES
Parcel Number
4236-020-006
Land Assessment
$7,111,431
Improvements Assessment
$111
Total Assessment
$7,111,542
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Triangle Center | 12727 W Washington Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.