Strategically positioned at the highly visible southwest corner of Santa Monica Blvd. and Barrington Ave., this 12,891 SF LAC2 zoned lot offers an exceptional investment prospect. With over 70 feet of frontage along Santa Monica Blvd. and more than 175 feet along Barrington Ave., the property ensures optimal visibility for any future development.Conveniently situated just 1/2 a mile from the 405 freeway, accessibility is a key advantage of this location. Moreover, it's a mere 2 miles from UCLA and a short 3-mile drive to the iconic Santa Monica Beach,enhancing its appeal to a diverse range of potential tenants or buyers.Benefitting from a signalized intersection, the site enjoys substantial car traffic counts exceeding 50,000 CPD, guaranteeing consistent exposure. Additionally, the property generates income through billboard advertising.Demographically, the area boasts over 250,000 residents within a 3-mile radius, with a median household income surpassing $75,000.These robust statistics underscore the lucrative market potential for various business ventures. CALL FOR OFFERS! ALL OFFERS DUE MAY 16th!!!
Property Type :
Land
County :
Los Angeles
Style :
Land
Sell a home like this and save $0 Find Out How
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®.
Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to
purchase real estate, is prohibited.
ByOwner last updated this listing 05/20/2024 @ 09:49
MLS: 24389747
LISTED BY: David Yashar, Keller Williams Realty
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
