Jennifer Okhovat & Angela Acuff Sell Culver City SFR/Dev Site For $1.2M

Located in Culver City, this property at 3570 Helms Ave is a single-family residence with a development site potential. The property was sold for $1.2 million with a building size of 3,600 square feet, equating to a price per square foot of $333. Its prime location is just a few blocks away from the Expo line, Platform, the upcoming Ivy Station development, shops, and restaurants. The area has gained significant attention with the presence of Amazon Studios, Apple's expansion, and the forthcoming HBO, making Culver City an attractive destination for redevelopment. This property was sold in just 4 days, highlighting its desirability and potential.

Summary of transaction details

• Property Type: SFR/Dev Site
• Transaction Amount: $1.2 million
• Building Size: 3,600 square feet
• Price per Square Foot: $333
• Market: Culver City

The sale was facilitated by two brokers, Jennifer Okhovat and Angela Acuff. Their expertise played a crucial role in ensuring a successful transaction. As Culver City continues to attract major players in the entertainment industry, the significance of this deal cannot be overstated. With its R-2 development potential and its proximity to key amenities and infrastructure, this property presents an excellent opportunity for future development.