Culver City, CA 90232,3336 Helms Avenue
$4,500,000
$4,990,000
9.8%
Est.Price: ?

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15,233 SqFt

3336 Helms Avenue Culver City, CA 90232

Est. payment /mo
SOLD DATE : 04/23/2024

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Key Details

Sold Price $4,500,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 15,233 sqft

Price per Sqft $295

MLS Listing ID CL24352893

Sold Date 04/23/24

HOA Y/N No

Lot Size 0.288 Acres

Acres 0.29

Property Description

Helms 8 is an Incredible Development Opportunity in Culver City's Art District. The project comes permit-ready with the subterranean garage's perimeter walls already shored and poured. This is more than shovel-ready, construction has begun and is ready to be handed over. The entitlement work to get to this point took over four years. The approved plans entail a design for 8 Townhomes with direct access to Private Garages. The first floor, at street level, has open concept living rooms and kitchens with their own private patios. The 2nd floors offer 2 & 3-bedroom configurations and all the townhomes have their own private rooftop decks. Other townhomes have sold for $1,800,000-$2,300,000 in Culver City, so the exit potential for this project could be astonishing if completed to satisfy high-end luxury buyers, including the Apple Execs looking to live next to the new 4 acre campus Apple is building across the street! Located in Culver City's family friendly Art District neighborhood, surrounded by art galleries, shops & restaurants, including the Helms Bakery's shops & restaurants, the Platform's shops & restaurants and everything along Washington Blvd and in nearby downtown Culver City. Near the Ivy Light Rail Station, HBO/Warner offices and Amazon Studios campus. It's an A+ locat

Location

State CA

County Los Angeles

Area Listing

Zoning CCR4

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Type Below Ground Parking, Private

Building

New Construction No

Others

Tax ID 4312027004

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Bridge MLS
Listed by Todd Miller • KW Advisors
Bought with MinaAbdelmalek

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