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  • 5000 Beethoven

5000 Beethoven, Los Angeles, CA 90066

$80,000,000 Approx. USD 0 beds, 0 baths
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Photo of Cindy Waasdorp

Cindy Waasdorp REALTORĀ® - Sales Associate 619-987-1656 m
Lic#: 00909905
NRDS ID: 182003145
cwaasdorp@aol.com
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Lic#: 00909905
NRDS ID: 182003145
cwaasdorp@aol.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Listing Agent


Sam Shakerchi | samshakerchi@gmail.com
Lic#: 01868195
Broker: Courtesy of Compass
Phone: 310-525-0872

Agent Remarks

5000 Beethoven presents a rare opportunity to acquire a large, infill development site in the Palms-Mar Vista-Del Rey sub-market of Los Angeles. The property consists of approximately 146,422 square feet (3.36 acres) of land situated immediately adjacent to the Marina Freeway (SR-90), with direct access via Beethoven St. and a recently improved bridge connection. The site's configuration, freeway adjacency, and separation from low-density residential uses make it particularly well suited for higher intensitydevelopment and specialized uses. The property is currently zoned [T][Q]M2-1 (Light Industrial) and is designated Light-Industrial under the City of Los Angeles General Plan. While residential uses are not permitted by-right, the site benefits from several important planning overlays, including the Los Angeles Coastal Transportation Corridor Specific Plan and Community Transit Access Corridor (CTAC) eligibility. These designations support intensified land uses and have historically facilitated industrial-to-residential conversions, particularly for affordable and mixed-income housing. No minimum density requirement applies. A significant value driver is the seller's representation that the City has previously reviewed and accepted a concept for two levels of subterranean parking accommodating approximately 250 - 300 parking spaces, subject to verification. Prior City acceptance of subterranean parking materially de-risks one of the most challenging components of high-density development and enhances the feasibility of future residential or phased redevelopment strategies.In addition to residential potential, the property offers an attractive alternative or interim-use strategy for athletic, sports performance, or wellness-oriented facilities,which are generally compatible with industrial zoning and benefit from freeway adjacency and controlled access. Conceptual studies demonstrate the site's ability to support a modern, unbranded basketball or multi-sport performance campus while preserving long-term redevelopment optionality. With its scale, policy support, freeway exposure, and demonstrated parking feasibility, 5000 Beethoven offers investors and developers a flexible platform for high density affordable or mixed-income housing, specialized athletic facilities, or strategic land banking with near-term income potential. The property represents a unique opportunity to control a large, well-located West-Side parcel with multiple viable paths to value creation, subject to final entitlements and buyer due diligence.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 26668755
Price: $80,000,000
Beds: 0
Baths: 0
3.36 acres
Lot size: 3.3614
County: Los Angeles
Zoning: LAM2
MLS area: C12 - Marina Del Rey

Last Updated: 3/31/2026

 Days On Market (DOM): 87

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This listing belongs to the C12 - Marina Del Rey MLS area

Lat/Long: 33.980041, -118.423094.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Cindy Waasdorp

Cindy Waasdorp REALTORĀ® - Sales Associate 619-987-1656 m
Lic#: 00909905
NRDS ID: 182003145
cwaasdorp@aol.com
Text Me
Call My Cell
Lic#: 00909905
NRDS ID: 182003145
cwaasdorp@aol.com

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