$6,495,000
FOR SALEActive11520 Jefferson Boulevard
Culver City CA 90230
13,158
SF
Commercial
Type
1971
Built
$494/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Apple & Sony own in Culver. You should too. Culver City Retail/Office/Flex Investment in one of LA's hottest investment sub-markets off the 405, minutes to LAX and all of LA. Modern Space? "check". Highly Accessible? "check". Appealing to almost any user? "check". Extensively renovated in 2024 with new "everything". 100% occupied 13,158 sq. ft. of storefront retail/office/showroom with offices above on an 8,712 sq. ft. lot. Features 24/7 access security system, high speed fiber internet available, and easy access to the 405 and 90 Freeways AND LAX, Playa Vista, Silicon Beach and Santa Monica. First Floor features a beautiful entrance & lobby, 6,675 sq. ft. of open concept industrial/warehouse/retail space with 3private offices, brand new kitchen, restrooms, HVAC, and garage roll-up door leading to the gated parking lot. Second Floor includes brand new lobby, kitchen, restrooms, unlimited use of our state-of-the-art conference room, and 20 offices ranging in size from 100 1,600 sq. ft. with the option to merge. Similar office sale comps in Culver City average $741/foot subject property offered at only $494/foot. Scheduled gross income of $495,816! (All tenants on gross leases actionable upside). Available at $6,495,000.
Property Information
Property Overview
Commercial
Property Type
Active
Status
CCM2*
Zoning
0.1987 acres
Lot Size
19
Total Units
13,158 SF
Square Footage
$493.62/SF
Price per SF
6.10%
Cap Rate
$397K
NOI
1,971
Year Built
Property Highlights
N/A Property
Prime Location with High Visibility
6.1% Cap Rate
Location Analysis
Building Details
Zoning & Use
Investment Metrics
6.10%
Cap Rate
$396,656
NOI
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CRMLS
MLS# 26872171
Listed:
Nalren refreshed:
Last updated
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Listed by: CBRE, Inc.
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Advertising Broker: Nalren Corp (CA DRE #02423715)
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Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.