6046 Comey Street Los Angeles, CA 90034
Vacant Land in Culver City
SOLD: $1,220,000 PRICE PER SQUARE FOOT: $153
We are pleased to announce the sale of 6046 Comey Street a vacant land development opportunity located in one of the most desirable and trend forward pockets of West Los Angeles. The property sold for $1,220,000 reflecting a land basis of $153 per square foot. The sale included both APNs 5065-012-035 and 5065-012-060 providing a combined site totaling 8,005 square feet with dimensions of approximately 50 by 160 feet.
The site is zoned RD2 and offers a rare opportunity for a developer to construct up to four luxury townhomes and one ADU creating strong future value in an undersupplied infill location. Strategically positioned between La Cienega Heights Palms and West Adams the property benefits from close proximity to some of the area’s most popular dining retail and lifestyle destinations.
This transaction highlights continued demand for well located development sites in high growth West Los Angeles neighborhoods where new construction opportunities remain limited and highly sought after.
Investment Highlights
Prime development site located in one of Los Angeles’ trendiest neighborhoods positioned between La Cienega Heights Palms and West Adams
Rare vacant land opportunity on a large 8,005 SF lot with dimensions of 50 x 160
Zoned RD2 allowing the potential to develop up to 4 luxury townhomes plus 1 ADU
Sale included both APNs 5065 012 035 and 5065 012 060 providing enhanced site utility and flexibility
Sold for $1,220,000 reflecting a $153 price per square foot
Surrounded by top tier dining shopping and lifestyle amenities creating strong end user appeal
Exceptional development opportunity in a low supply high demand infill corridor
Exclusively Listed & Sold By:
David Saghian
(310) 401-1559
dsaghian@lyonstahl.com