PRICE REDUCED ON THIS VALUE-ADD OPPORTUNITY. An assemblage of four parcels with income from an existing 3482 sf office bldg. currently yielding $288,000/yr income.. 10,532 sf. paved lot provides 17 vehicle parking, including ADA handicapped designated spot. High density (Q)LAC4-1VL permitting mixed use with residential over office and parking. 44 ft height limit and a 2.025 FAR. Wonderful panoramic views from 2nd floor and up. Great development potential or use "as disclosed" with two levels of open floor space designed to enhance creative enterprise. Downtown Playa Del Rey is on the threshold of blossoming as the last beach gentrifying zone in the Los Angeles area. OM package available to help you discover the unique opportunity of this location.