properties for sale 1 5790 washington blvd , culver city ...€¦ · 1 5790 washington blvd ,...

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Prepared for 11/23/2016 (818) 956-7001 Ext: 34 [email protected] License: 01831830 Properties for Sale Presented by Patrick Long Stevenson Real Estate Services Property Details Price $2,295,000 Building Size 3,200 SF Lot Size 5,027 SF Price/SF $717.19 /SF Property Type Office Property Sub-type Office Building Property Use Type Vacant/Owner-User No. Stories 1 Building Class C Year Built 1925 Tax ID/APN 5065-015-026 Status Active Property Notes 1 5790 Washington Blvd, Culver City, CA 90232 Property Description Historic high ceiling bow truss building ideal for creative office or retail or as an art gallery. The property was completely remodeled in 2010 including a new roof,offices, restrooms, and seismic work. There is a private back patio. Location Description 5790 Washington is located in the Culver City Arts District near restaurants, galleries, and the freeway. The building is just west of Fairfax Avenue on busy Washington Blvd.

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Page 1: Properties for Sale 1 5790 Washington Blvd , Culver City ...€¦ · 1 5790 Washington Blvd , Culver City , CA 90232 Property Description Historic high ceiling bow truss building

Prepared for 11/23/2016

(818) 956-7001 Ext: [email protected]: 01831830

Properties for Sale

Presented by Patrick LongStevenson Real Estate Services

Property Details

Price $2,295,000

Building Size 3,200 SF

Lot Size 5,027 SF

Price/SF $717.19 /SF

Property Type Office

Property Sub-type Office Building

Property Use Type Vacant/Owner-User

No. Stories 1

Building Class C

Year Built 1925

Tax ID/APN 5065-015-026

Status Active

Property Notes

1 5790 Washington Blvd, Culver City, CA 90232

Property Description

Historic high ceiling bow truss building ideal for creative office or retail or as an art gallery. The property was completely remodeled in 2010 including a newroof,offices, restrooms, and seismic work. There is a private back patio.

Location Description

5790 Washington is located in the Culver City Arts District near restaurants, galleries, and the freeway. The building is just west of Fairfax Avenue on busyWashington Blvd.

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Property Details

Price $2,895,000

Building Size 4,500 SF

Lot Size 5,400 SF

Price/SF $643.33 /SF

Property Type Industrial

Property Sub-type Flex Space

Property Use Type Vacant/Owner-User

No. Stories 1

Year Built 1950

Clear Ceiling Height 12 FT

Tax ID/APN 4206-006-030

Status Active

Property Notes

2 3521 Helms Ave, Culver City, CA 90232

Property Description

Owner/User building located in the Hayden Tract area of Culver City. This bow truss building was built in 1950 and has skylights, exposed HVAC ducting andconcrete floors. There are two restrooms and one ground level loading door. Current lease expires in February of 2017. Please verify square footage andzoning for intended use.

Location Description

Helms Avenue in Hayden Tract Area of Culver City.Within walking distance to the Culver City Expo Line Station.

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Property Details

Price $1,750,000

Building Size 4,479 SF

Lot Size 4,581 SF

Price/SF $390.71 /SF

Property Type Retail

Property Sub-type Street Retail

Property Use Type Investment

Commission Split 2.50%

Cap Rate 3.49%

Occupancy 100%

No. Stories 2

Tenancy Multiple

Year Built 1951

Status Active

Property Notes

3 10774-10776 Washington Blvd., Culver City, CA 90232

Property Description

MIxed-use building of 4,479 sq. ft. (per County) divided into three (3) retail units, two (2) studio apartments and one (1) 2 bdr.2 bth apartment on second floorwhich includes 2 car garage.

Location Description

Located on a busy stretch of Washington across from Culver Center, it is one block west of Overland near Sony Studios.BRE#00455422

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Property Details

Price $2,295,000

Building Size 3,200 SF

Lot Size 4,996 SF

Price/SF $717.19 /SF

Property Type Retail

Property Sub-type Free Standing Bldg

Property Use Type Investment

Cap Rate 4%

Occupancy 100%

No. Stories 1

Tenancy Single

Year Built 1957

Tax ID/APN 5065-020-003

Status Active

Property Notes

4 5801 Washington Blvd, Culver City, CA 90232

Property Description

Prime investment property in booming Culver City. The building is home to the Roberts & Tilton art gallery since 2007. The asset was remodeled withskylights,high ceilings and polished floors.The roof, restrooms and HVAC were replaced as part of the rehab. The final option expires in December 2018. Thebuilding could also be creative office space. DO NOT DISTURB THE TENANT. Tours upon request.

Location Description

Great location in the Culver City Arts District on busy Washington Blvd near La Cienega Blvd.

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Property Details

Price $7,250,000

Building Size 4,350 SF

Lot Size 6,277 SF

Price/SF $1,666.67 /SF

Property Type Retail

Property Sub-type Street Retail

Property Use Type Vacant/Owner-User

Occupancy 0%

No. Stories 2

Year Built 2001

Parking Ratio 3.91 / 1,000 SF

Tax ID/APN 4288-007-009

Status Active

Property Notes

5 3002 Main St, Santa Monica, CA 90405

Property Description

PRICE REDUCTION!Architectural two story freestanding corner building with great frontage street visibility.Allowed zoning uses include retail, showroom, gym,and restaurant. Previous tenant was a gym. The Conditional Use Permit and Parking Variance are still in place for a gym.Floor to ceiling storefront glassoverlooking Main Street.2 bathrooms on the ground floor and 2 large bathrooms with showers on the mezzanine.15-car parking in the rear of the building (4 ofthe spaces are hydraulic lifts).ElevatorProperty is Vacant

Location Description

Prime Main Street location 2 blocks from the beach.Close to Abbot Kinney, Rose Ave, and Downtown Santa Monica Expo Line..

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Property Details

Price $8,600,000

Building Size 8,000 SF

Lot Size 11,623 SF

Price/SF $1,075 /SF

Property Type Office

Property Sub-type Office Building

Property Use Type Vacant/Owner-User

Occupancy 0%

No. Stories 1

Building Class B

Year Built 1954

Parking Ratio 4 / 1,000 SF

Tax ID/APN 4207-030-005

Status Active

Property Notes

6 4641 Leahy St, Culver City, CA 90232

Property Description

Situated in a cul-de-sac in the center of Culver City, along the Jefferson corridor that is only minutes away from the Central Business District and fantastic localparks, The Nest at Leahy is a warm, embracing space that still maintains an airy, light feel. From its beginnings as an industrial warehouse, the buildingunderwent metamorphosis to become a multipurpose office facility with rare touches. The building layout is intuitive, creating a great energy conducive tocreative needs. Its entrance features a beautiful 10-foot high copper door. Inside, parallel wooden beams of the exposed ceiling overhead provide a comfortingstructure, evoking organic forms and acoustics. Several areas within the 8,000 square foot space function as nooks and set-apart areas. Among these is afully built out mezzanine, with an executive office and conference room overlooking the space below, which is framed by large geometric windows bringing innatural light. This is complemented by track lighting to brighten the beautiful space. A private shower amenity upstairs is as stylish as it is functional.

Location Description

Culver City is a city in Los Angeles County, California. The city was named after its founder, Harry Culver. As of the 2010 census, the city had a population of38,883. It is mostly surrounded by the city of Los Angeles, but also shares a border with unincorporated areas of Los Angeles County. Over the years,considering its incorporated status, over forty annexations of adjoining areas have occurred. As a result, the city now comprises approximately five squaremiles. Since the 1920s, Culver City has been a significant center for motion picture and later television production, best known as the home of Metro-Goldwyn-Mayer studios. It was also the headquarters for the Hughes Aircraft Company from 1932 to 1985. National Public Radio West and Sony Pictures Entertainmenthave headquarters in the city. The NFL Network studio is also based in Culver City.

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Property Details

Price $7,880,000

Building Size 8,000 SF

Lot Size 7,500 SF

Price/SF $985 /SF

Property Type Office

Property Sub-type Office Building

Property Use Type Vacant/Owner-User

Commission Split 2%

No. Stories 3

Building Class C

Year Built 1981

Parking Ratio 3 / 1,000 SF

Tax ID/APN 4291-021-005

Status Active

Property Notes

7 1424 Lincoln Blvd, Santa Monica, CA 90401

Property Description

Rare Free Standing creative office building for sale.

Location Description

Prominent Location on Lincoln Blvd

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Property Details

Price $2,950,000

Building Size 5,000 SF

Lot Size 5,649 SF

Price/SF $590 /SF

Property Type Retail

Property Sub-type Free Standing Bldg

Property Use Type Investment

Cap Rate 5.08%

Occupancy 100%

No. Stories 1

Tenancy Single

Year Built 1948

Tax ID/APN 4330-025-008

Status Active

Property Notes

8 9563 W Pico Blvd, Los Angeles, CA 90035

Property Description

**PRICE REDUCTION**Marcus & Millichap has been selected to exclusively to market for sale 9563 West Pico Boulevard in Los Angeles, a unique Beverly Hillsand Century City adjacent investment or owner-user opportunity.The subject property consists of a 5,000 square-foot commercial building (not including anadditional ~1,600 square-foot mezzanine) currently occupied by S&J Biren Carpets, who has successfully operated as a staple in the community for nearly 70years. The subject property benefits from excellent frontage along Pico Boulevard and unique signage which creates ideal visibility.

Location Description

Located just minutes from Beverly Hills and Century City, the subject property is ideally located in a densely populated West Los Angeles sub-market with theaverage household income exceeding $120,000 within a one-mile radius. Century City is the most prominent business district in Los Angeles outside ofDowntown, and Beverly Hills is an international icon for its concentration of luxury and high-end shops and restaurants. Immediate national and regionalretailers surrounding the subject property include Ralphs, CVS, Office Depot, The Coffee Bean, Mr. C Hotel, Factor's Famous Deli, Picca/Sotto Restaurants, andmany more.S&J Biren Carpets is currently operating on a month-to-month basis, offering a potential investor or owner-user maximum flexibility.

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Property Details

Price $5,999,999

Building Size 3,618 SF

Lot Size 3,570 SF

Price/SF $1,658.37 /SF

Property Type Retail

Property Sub-type Free Standing Bldg

Property Use Type Investment

Commission Split 2.50%

Occupancy 66%

No. Stories 2

Tenancy Multiple

Year Built 1936

Parking Ratio 0.85 / 1,000 SF

Tax ID/APN 4241-036-035

Status Active

Property Notes

9 1639-1641 Abbot Kinney Blvd, Venice, CA 90291

Property Description

Mixed-Use Building on "The Coolest Block in America". Phenomenal opportunity to own on this famed retail stretch. Front building is retail on the ground floor,and three (3) residential units on the 2nd and 3rd floors. Second building, which is not attached, currently houses Harlot Salon, and sits behind the frontbuilding. Front building Street retail space delivered vacant. Also delivered vacant is an additional space on 2nd floor of the front building (which is similar to asmall single/studio which is Unit #4 on unit details above). Back building has a lease that expires at the end of 2016. Three (3) residential rental units sit abovethe front retail are all leased and under rent control. A Tremendous upside in rents. Buyer to cooperate with Sellers 1031 Exchange.

Location Description

Please call for any and all additional details. PLEASE CALL with any and all questions. NO PARKING.PLEASE DO NOT DISTURB ANY TENANTS. PLEASE DONOT DISTURB. THE SALON AS THEY ARE STILL DOING BUSINESS. UPSTAIRS TENANTS REQUIRE THEIR PRIVACY. AGENT RELATED TO OWNERS.BUYER TOCONDUCT ALL THEIR OWN DUE DILIGENCE REGARDING SQUARE FOOTAGE ETC. RENT CONTROL LAWS APPLY

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Property Details

Price $14,995,000

Building Size 36,992 SF

Lot Size 0.91 AC

Price/SF $405.36 /SF

Property Type Office

Property Sub-type Office Building

Additional Sub-types Flex SpaceOffice ShowroomFree Standing Bldg

Property Use Type Investment

No. Stories 2

Tenancy Single

Year Built 1970

Clear Ceiling Height 14 FT

Parking Ratio 2 / 1,000 SF

Features Fenced YardElectricity/PowerSprinklers

Tax ID/APN 4204-020-243

Status Active

Property Notes

10 5830 Rodeo Road, Los Angeles, CA 90016

Property Description

Excellent value add creative office conversion opportunity in the Culver City submarket. 5830 Rodeo Road is a 36,992 sf, two-story building that has beenutilized since 1991 by the present owner as an antique showroom and warehouse. Constructed in 1970 the building features two floors which are servicedby an oversized elevator. Clear floor heights measure approx 14'. Surrounded by four tall walls, the property' s existing physical attributes (concrete floors,high ceilings, open floor plan) make for a natural creative office compound.

Location Description

The Property is located on Rodeo Road one property west of La Cienega Blvd., and in the office submarket known as the Jefferson Creative OfficeCorridor/Hayden Tract - one of the hottest creative office submarkets on Los Angeles' Westside. Excellent access to the 10 Freeway (3 minutes) and walkingdistance to the Jefferson La Cienega Metro Rail station. Jefferson Palms Creative Office Campus located 1/2 block from the subject property. Apple's southernCalifornia headquarters is located 1/2 mile from the subject property.

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Property Details

Price $2,695,000

Building Size 1,589 SF

Price/SF $1,696.04 /SF

Property Type Retail

Property Sub-type Retail (Other)

Property Use Type Investment

Commission Split 2.50%

Cap Rate 6%

Occupancy 100%

No. Stories 1

Tenancy Single

Tax ID/APN 4243-018-008

Status Active

Property Notes

11 428 Lincoln Blvd, Venice, CA 90291

Property Description

Great opportunity to own a fully remodeled single story commercial/retail property in Venice, CA either as an Investment (with a tenant) or as is an owner user(vacant) opportunity. The plumbing & electrical has recently been upgraded in 2014. This $300,000 difference in price from the original list price of $2,995,000 isdue to the potential (new) billboard contract with Lamar to pay $50,000 a year they proposed to the owner. With that said, if Lamar Billboard Company gets cityapproval within 1 year of close of escrow to convert current billboard to a digital billboard and renews the billboard contract to pay the proposed $50,000 ayear to the seller, the seller shall be entitled to collect that money for 6 years and then the buyer will start to collect the $50,000 income in year 6 for theremainder of the contract. But if Lamar Billboards does not get City approval to convert the billboard over within 1 year from close of escrow the seller will notbe entitled to anything.

Location Description

Property is located 1 Block South of Rose Avenue - Between Flower Avenue & Sunset Avenue.

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Property Details

Price $1,995,000

Building Size 1,787 SF

Lot Size 4,003 SF

Price/SF $1,116.40 /SF

Property Type Retail

Property Sub-type Free Standing Bldg

Additional Sub-types Office BuildingStreet RetailVehicle Related

Property Use Type Vacant/Owner-User

Commission Split 2.50%

Occupancy 0%

No. Stories 1

Year Built 1974

Tax ID/APN 4243-014-026

Status Active

Property Notes

12 208 Lincoln Blvd, Venice, CA 90291

Property Description

Ideal investor or user property located in Venice Beach directly across from Whole Foods. The property is located on the high traffic arterial Lincoln Boulevard.The property has alley access and excellent parking.

Location Description

Prime located property on Lincoln Boulevard in Venice, CA. Please see brochure for more details.

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Property Details

Price $3,700,000

Building Size 1,632 SF

Lot Size 12,090 SF

Price/SF $2,267.16 /SF

Property Type Retail

Property Sub-type Restaurant

Property Use Type Investment

Cap Rate 2.90%

Tenancy Single

Status Active

Property Notes

13 12403 Washington Place, Los Angeles, CA 90066

Property Description

-49 year operating history at this location-Corporate signature lease-Fee simple ownership-Potential development opportunity in the future-2 years remains with2-five year options

Location Description

-Net leased investment-Allows for passive, management-free income stream-Densely populated Los Angeles metro location-Signalized corner in major trafficcorridor

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Property Details

Price $4,300,000

Building Size 6,280 SF

Lot Size 3,600 SF

Price/SF $684.71 /SF

Property Type Office

Property Sub-type Office Building

Property Use Type Vacant/Owner-User

Commission Split 2%

Building Class B

Tax ID/APN 4324026020

Status Active

Property Notes

14 1633 Westwood Boulevard, Los Angeles, CA 90024

Property Description

Ideal Owner-User Office Building " Completely Renovated" New roof in 2016" New Air Conditioning in 2015" New Electrical panel with 3 Phase." 6 Singleparking spaces + 20 off-site parking available. " Large Skylights" Server room with dedicated Air Conditioning" New Bathrooms" Twelve (12) Camera SecuritySystem" Two (2) separate T1 Internet Lines

Location Description

Minutes from UCLA between Wilshire Boulevard and Santa Monica Boulevard

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1 5790 Washington BlvdCulver City, CA 90232

2 3521 Helms AveCulver City, CA 90232

3 10774-10776 Washington Blvd.Culver City, CA 90232

4 5801 Washington BlvdCulver City, CA 90232

5 3002 Main StSanta Monica, CA 90405

6 4641 Leahy StCulver City, CA 90232

7 1424 Lincoln BlvdSanta Monica, CA 90401

8 9563 W Pico BlvdLos Angeles, CA 90035

9 1639-1641 Abbot Kinney BlvdVenice, CA 90291

10 5830 Rodeo RoadLos Angeles, CA 90016

11 428 Lincoln BlvdVenice, CA 90291

12 208 Lincoln BlvdVenice, CA 90291

13 12403 Washington PlaceLos Angeles, CA 90066

14 1633 Westwood BoulevardLos Angeles, CA 90024

Map

2.5 miles

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2.5 miles

© 2016 Microsoft Corporation © 2010 NAVTEQ © AND