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3801 La Cienega Blvd - ±2.24-Acre Residential Development Site Lot • Résidentiel • 2,24 Acres • 16 296 000 $ CAD • Culver City, CA 90232



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Faits saillants de l'investissement
- ±2.24-Acre Residential Development Site in a Prime Culver City Location
- General Plan Land Use is Medium Density Multifamily (Up to 50 du/acre)
- ±1.02 Acres of the Site is Located within an Earthquake Fault Zone (No Build Area
- Zoning is PD-14 (Planned District)
- Culver City Ordinance No. 2016-007 allows for the Development of a 90-unit/100-bed Senior Care Facility on the Site
- ±1.22 Acres of the Site is Located Outside of the Fault Zone is Fully Developable Land
Résumé de l'annonce
Marcus & Millichap is pleased to offer for sale the property located at 3801 S. La Cienega Blvd. in Culver City, California (APN #4204-010-137). This site consists of an approximately 2.24-acre irregularly shaped parcel of land in the very desirable Blair Hills neighborhood. The surrounding area consists of multi-million dollar homes to the west and south, multi-family residential buildings to the north, and La Cienega Boulevard to the east.
There are currently several older structures on the property but the site is largely vacant. The topography is generally sloping to the northeast with approximately 10 feet of vertical relief across the property. All utilities are located on the west edge of the site at the terminus of the Marcia Court cul-de-sac. Primary access to this site is on the west side from Lenawee Ave through Marcia Court.
Zoning on the site is PD-14 (Planned District 14) and the General Plan Land Use designation is Medium Density Multifamily which allows for a maximum residential density of 50 du/acre. Culver City Ordinance No. 2016-007 was approved and adopted by the city in August 2016 for the development of Planned District 14. The entirety of the PD-14 planning area encompasses 4.35 acres and consists of one existing SFR, eight new SFRs and the subject property which was set aside for the development of a 90-unit/110-bed senior citizen residential care facility for assisted living and memory care.
The northeast corner of the property falls within a State-designated Alquist-Priolo Earthquake Fault Zone. A geotechnical investigation was conducted in 2015 with results that indicated that active faulting and soil displacement is present in the northeastern portion of the site and a building setback was recommended to prevent the construction of habitable structures over areas of potential surface fault rupture. A geologic-seismic investigation done in 1977 (Scullin Report) concluded that no active faults traversed the site and the risk of ground rupture was considered low to moderate. The amount of land impacted by the fault zone is approximately 44,356 square feet (1.02 acres). This particular part of the site cannot be built on but could be used for parking and site amenities. The remaining buildable area of this site would be approximately 53,118 square feet (1.22 acres).
There are currently several older structures on the property but the site is largely vacant. The topography is generally sloping to the northeast with approximately 10 feet of vertical relief across the property. All utilities are located on the west edge of the site at the terminus of the Marcia Court cul-de-sac. Primary access to this site is on the west side from Lenawee Ave through Marcia Court.
Zoning on the site is PD-14 (Planned District 14) and the General Plan Land Use designation is Medium Density Multifamily which allows for a maximum residential density of 50 du/acre. Culver City Ordinance No. 2016-007 was approved and adopted by the city in August 2016 for the development of Planned District 14. The entirety of the PD-14 planning area encompasses 4.35 acres and consists of one existing SFR, eight new SFRs and the subject property which was set aside for the development of a 90-unit/110-bed senior citizen residential care facility for assisted living and memory care.
The northeast corner of the property falls within a State-designated Alquist-Priolo Earthquake Fault Zone. A geotechnical investigation was conducted in 2015 with results that indicated that active faulting and soil displacement is present in the northeastern portion of the site and a building setback was recommended to prevent the construction of habitable structures over areas of potential surface fault rupture. A geologic-seismic investigation done in 1977 (Scullin Report) concluded that no active faults traversed the site and the risk of ground rupture was considered low to moderate. The amount of land impacted by the fault zone is approximately 44,356 square feet (1.02 acres). This particular part of the site cannot be built on but could be used for parking and site amenities. The remaining buildable area of this site would be approximately 53,118 square feet (1.22 acres).
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 16 296 000 $ CAD | Taille du lot | 2,24 AC |
| Prix par AC | 7 275 000,21 $ CAD |
| Prix | 16 296 000 $ CAD |
| Prix par AC | 7 275 000,21 $ CAD |
| Taille du lot | 2,24 AC |
Moyennement praticable à pied
60/100
Exceptionnellement facile d’accès en voiture
90/100
Bons transports en commun
70/100
Très praticable en vélo
80/100
Impôts fonciers
| Numéro de lot | 4204-010-137 | Évaluation des bâtiments | 17 298 $ CAD |
| Évaluation du terrain | 359 860 $ CAD | Évaluation totale | 377 157 $ CAD |
Impôts fonciers
Numéro de lot
4204-010-137
Évaluation du terrain
359 860 $ CAD
Évaluation des bâtiments
17 298 $ CAD
Évaluation totale
377 157 $ CAD
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3801 La Cienega Blvd - ±2.24-Acre Residential Development Site
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