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185 Culver Blvd
Playa del Rey, CA 90293
The Shack @ Culver Bl. · Retail Property For Sale
Investment Highlights
- HIGHLY VISIBLE CORNER LOCATION
- SILICON BEACH LOCATION
- SHORT TERM LEASE ON EXISTING TENANT
- HUGE BEACHSIDE PEDESTRIAN TRAFFIC
- CHANGING HEIGHT LIMITATION
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,648 SF
Building Class
B
Year Built
1969
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.10 AC
Zoning
LAC4
Frontage
50’ on Culver Blvd.
Amenities
- Bus Line
- Corner Lot
- Restaurant
About 185 CULVER BLVD , PLAYA DEL REY, CA 90293
A most rare offering in the heart of downtown, 185 Culver Blvd. is being offered for the first time as a standalone sale. Current tenant is "The Shack Restaurant" -- a landmark eating spot in Playa del Rey for 45 years. Offering includes the adjacent 1695sf LAR3 lot -- currently used for restaurant parking -- may be developed independently of the restaurant. Liquor license is owned by the current business occupant and does not run with the property. The C-4 zoned restaurant boasts a Culver Blvd R-3 overlay, allowing for residential build above the existing structure. Subject to Coastal Commission Review if ground or air space is altered. Huge upside development potential in an underdeveloped beach market.
Property Taxes
| Parcel Number | 4116-007-074 | Improvements Assessment | $595,337 |
| Land Assessment | $1,786,012 | Total Assessment | $2,381,349 |
Property Taxes
Parcel Number
4116-007-074
Land Assessment
$1,786,012
Improvements Assessment
$595,337
Total Assessment
$2,381,349
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