5800 Obama Blvd Los Angeles, CA 90016

This exceptional redevelopment opportunity presents a 13,529 square foot shopping center situated on a 39,813 square foot lot in Los Angeles, CA (APN 4204-020-244). Located at 5800 Obama Boulevard, this property boasts a prime location within 0.5 miles of the La Cienega/Jefferson Metro station, qualifying for Transit Oriented Community (TOC) Tier 3 bonus density. Currently operating as a multi-tenant retail center, the site offers significant potential for redevelopment into approximately 170 apartment units (buyer to verify). The C4-2D-CPIO zoning allows for a wide range of development options. The property's strategic corner location at a busy intersection, surrounded by major retailers, shops, and restaurants, ensures high visibility and accessibility. Built in 1980, this NNN-leased shopping center presents a unique chance to capitalize on the thriving Culver City market, known for its transformation into a highly desirable residential and commercial area. The property's existing infrastructure and strong location provide a solid foundation for a lucrative redevelopment project. This is a rare opportunity to acquire a significant asset in a rapidly growing area of Los Angeles County.