Omid Saleh Brokers $3.5M Sale Of Dev Site In Palms, Culver City

Omid Saleh represented the buyer in the sale of a development site located at 3648-3652 Empire Dr. in Palms, Culver City. The property consists of an existing 4plex and SFR, making it a valuable investment opportunity. The transaction took place on 06/07/2021.

Summary of transaction details

• Property Type: Development Site (existing 4plex & SFR)
• Sale Price: $3,485,000
• BSF (Building Square Footage): 10,948
• PPBSF (Price per Building Square Footage): $318
• Address: 3648-3652 Empire Dr., Palms, Culver City
• Market: Palms, Culver City

The sale price for the development site was $3,485,000. The property offers a total building square footage of 10,948, resulting in a price per building square footage of $318. Omid Saleh of [ADD AGENCY NAME] facilitated the deal, representing the buyer. This transaction presents an excellent opportunity for the buyer to develop the existing 4plex and SFR into a profitable venture.