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Commercial Land with Retail Building

12827 W Washington Blvd, Los Angeles, CA 90066

For Sale
$1,750,000

NU-1 zoning allows potential development of two residential units, subject to permitting through Culver City.

Property Size1,588 SF
Days on Market10

Property Features for 12827 W Washington Blvd

General Information

Standard status Active
Size 1,588 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Mar Vista

Building Details

Building Size 1,588 SF
Year Built 1924
Listing Agency: Coldwell Banker Realty
Listed By: Eric Kessler · License #01432180
Source: Milsteinestates
Added: Oct 30 Changed: Nov 7 Last Checked: Nov 6 at 3:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

The 1,588-square-foot property contains a two-unit retail building constructed in 1924. Both tenants are on month-to-month agreements. NU-1 zoning allows the potential development of two residential units on the property, subject to permitting through Culver City.

A rear alley is owned by the City of Los Angeles. The property has a Walk Score of 92 and a reported daily traffic count of 40K+ vehicles.

Key Highlights

  • 1,588‑square‑foot, two‑unit retail building
  • NU‑1 zoning allows potential development of two residential units, subject to Culver City permitting
  • Built in 1924

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sun Liquor Shop (Bike/Boat/Book/etc) Store Sun Liquor (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store Grocery & Convenience Store Mobile Phone Store (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,489
Businesses Nearby

Demographics for 90066, CA

55,304
Population
26,591
Households
2.1
Avg Household Size
38
Median Age
61%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
11,522
Density / Sq Mi
$107,786
Median Household Income
$67,298
Median Earnings
$2,211
Median Rent
$1,636,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - NU-1 zoning allows potential development of two residential units, subject to permitting through Culver City.
Where is this commercial land located?
The property is located at 12827 W Washington Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 1,588‑square‑foot, two‑unit retail building; NU‑1 zoning allows potential development of two residential units, subject to Culver City permitting; Built in 1924
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