185 CULVER Playa del Rey, CA 90293
The Shack Restaurant is for sale. Existing lease expires June 30, 2018. This is a most rare offering in the heart of downtown Playa Del Rey. Being sold for the first time as a stand alone sale, this price tag includes the adjacent LAR-3 lot, currently vacant and used as a parking lot. The C-4 restaurant boasts a Culver Bl R-3 overlay, allowing for residential build above the existing structure. This is an exciting opportunity to own Silicon Beach Commercial Real Estate in the heart of downtown Playa Del Rey with an irreplaceable high coverage, short-term lease. There is 100% upside in rent in this Silicon Beach Gem. High pedestrian Traffic and in the hub of Manhattan Beach, Playa Vista, Culver City and Venice.
- Price per Sqft: $1997
- Year Built: 1948
- Lot Size: 2,577 SqFt
- Parking Type: Uncovered, Public, Guest
- Other Appliances: Garbage Disposal
- Cooling System: See Remarks
- Gas: 1
- Utility Information: Cable Available
- County: Los Angeles
- Area: C31 - Playa Del Rey
Directions: Culver Blvd West, to the Beach
Listing courtesy of ERA Matilla Realty
Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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