3651 Cardiff Avenue, Los Angeles, CA 90034

$2,200,000 Asking Price

3 beds
2 baths
2,104  sqft
Built in 1924

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.


Features & Amenities

Interior

General:
Open Floorplan,All Bedrooms Down
Appliances:
6 Burner Stove,Barbecue,Double Oven,Dishwasher,Disposal,Refrigerator,Range Hood,Dryer,Washer
Laundry:
Inside,Laundry Closet,Stacked
Flooring:
Stone
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Living Room, Fireplace

Exterior

General:
Barbecue, Guest House
Other Structures:
Guest House
Pool:
None
Parking:
Attached Carport,Covered,Carport,Driveway Level,Driveway,RV Access/Parking,RV Covered, Parking spaces: 7

Construction

General:
1

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LAR3, 4313017025
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Taurus Realty Group, Sergio Aguirre

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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