VINNIE PARK
REAL ESTATES

11740 & 11750
Washington Blvd

$23,895,612

32,622 SF C3Y & LAR3 Zoned lot Culver City Proper.

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This offering represents an exceptional opportunity to acquire the subject property which includes

2 separate properties that consist of four (4) parcels situated on approximately 32,622 square feet of land just south of Downtown Culver City and north of Venice and Marina Del Rey. With Apple, Amazon, Google, Facebook, and HBO all opening major new office & studio locations Culver City is set to become the next Silicon Valley and new mecha of a content factory making this one of the strongest rental markets throughout Los Angeles. About 25% of current Culver City’s population will increase due to the large influx of tech giants and media and gaming companies. The subject lots are approved to be developed as a mixed-used project, presenting a one-of-a-kind chance to develop a luxury condominium development with potential major retailer on the ground floor such as Target, Trader Joes, Erewhon or Bristol Farms.

15,874 SF C3Y Zoned lot Culver City Proper. With 5 stars reviewed and extremely profitable Motel and Restaurant business included

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Incredible opportunity to acquire well established, stable, 5 stars reviewed, and very profitable motel and Brazilian restaurant on a massive 15,874 SF C3 Zoned lot in Culver City which has potential to build up to 40 units with mixed-use of retail + residential for future development purposes

Cafe Brazil Avg Revenue $1,270,275/Yr
Villa Brazil Avg Revenue $365,581/Yr

Both motel and restaurant have a 30% upside potential, which will project a whopping $2,126,612/YR in revenue.

IN ESCROW

2901 Van Buren Pl
Los Angeles, CA 90007

$2,899,800

University Park, USC DPS PATROL ZONED Walking distance to Campus

CURRENT 6.06% CAP

WITH 31% UPSIDE POTENTIAL ON R3
9 Units |  2 x 3 Bed  | 2 x 1Bed | 5 x Studio
 

The asset is comprised of 2 separate buildings which come with 4 units each. The front building consists of two (2) 3-bedrooms, two (2) 1-bedrooms, and the rear building which has 4 studio units. The sale also includes the progress plan of ADU to make 9th unit by converting a portion of the garage creating incredible upside potentials.

$1,399,800

$2,999,800

133 S. St. Andrews Pl.
Los Angeles, CA 90004

4.73% CURRENT CAP RATE, FULLY RENOVATED MARKET RATE 8 UNIT SPANISH COLONIAL ARCHITECTURE WITH EVEN HIGHER UPSIDE POTENTIAL ON R3 TOC TIER 2 LOT

A gorgeous Spanish Colonial architecture originally constructed in 1924 which consists of a unit mix of 1 great sized Two Bedrooms, 4 large One bedrooms, and 3 spacious Studios.

$1,800,000

1978 Bonsallo Ave.
Los Angeles, CA 90007

CLOSE TO 5% CURRENT CAP RATE, ALL RENOVATED 6 UNIT APARTMENT IN USC DPS PATROL ZONE WITH GREAT UPSIDE POTENTIAL

A charming 6-unit apartment perfect for Student Housing, Cape Cod Style architecture originally constructed in 1923 which is comprised of two structures, consisting of a unit mix of one (1) large detached 3 bed 2 bath house, two (2) great sized 2 bed 1 bath and three (3) large Studios

$2,999,800

11741 Washington Blvd.
Los Angeles, CA 90066

6.5% PRO FORMA, 3.97% CURRENT CAP WITH 2 VACANCIES 6 UNIT CORNER-LOT MID-CENTURY ARCHITECTURE WITH IMMEDIATE UPSIDE POTENTIAL ON C3 ZONED LOT

11741 Washington is a gorgeous well maintained beautiful midcentury architecture which consists of a unit mix of 4 great sized Two Bedrooms and 2 large One bedrooms. All units feature generous floor plans throughout. Boasting almost 4,500 SF of living space, sitting on a tranquil corner of Washington and Atlantic Ave within short distance to Abbot Kinney Blvd, this is an incomparable acquisition chance for a stabilized asset with immediate value-add potential.