3651 Cardiff Avenue

Description

*[Do Not Contact Seller] we will be listing for Lease* R3 DEVELOPMENT OPPORTUNITY - Prime location to build your dream project in the highly desirable Palms - Mar Vista Area! R3 zoning with transit-oriented communities (TOC) tier 3 designation. Tier 3 TOC designation allows for a density bonus of up to 70% above the current by-right allowed number of units. This property is being marketed and sold “as-is” for land value. Lot size is 6,754 SF. Executive Directive 1 (ED 1) expedites the processing of affordable housing projects in Los Angeles. Eligible projects receive expedited processing, clearances, and approvals through the ED1 Ministerial Approval Process. Buyer can purchase land and use existing home for rental income until ready to build multi-level apartment units or condos. Conveniently located near Venice Blvd and Culver Blvd blocks from restaurants, bars, and coffee shops in downtown Culver City, Culver Steps, The Ivy, Exposition Corridor Bike Path, Sony Pictures Studio, Fox Studio's, The Platform, Culver City Arts District. Two Train/Metro E-Line Stations and Easy access to 10 and 405 freeways.

Listing information courtesy of: Sergio Aguirre, Taurus Realty Group . *Based on information from the Association of REALTORS/Multiple Listing as of 09/19/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.