11737 - 11739 W. Washington Blvd.
Los Angeles (Culver City), Ca 90066
FOR SALE
DESCRIPTION
Exceptional opportunity to acquire a 100% leased mixed-use
office and retail investment in one of Los Angeles' most desirable
Westside locations. Offering a rare 6.0% capitalization rate west of
the 405 Freeway, the property provides stable, long-term cash flow
with an outstanding roster of established tenants.
The tenant mix includes a James Beard Award-winning bakery, chef and author, a nationally recognized high-end landscape architecture and
design firm, and a private world-famous tattoo studio, creating a
unique collection of destination businesses with strong customer
loyalty.
The property has been extensively renovated, featuring significant
upgrades to the building systems and infrastructure, reducing
near-term capital expenditures while enhancing long-term
ownership value.
Ideally situated along the highly desirable West Washington
Boulevard corridor, the property benefits from exceptional
accessibility and visibility.
Conveniently located between Culver
City, Venice, Marina del Rey, and Playa Vista, with immediate
access to the 405 Freeway, the location serves one of the
Westside's most affluent and densely populated trade areas.
Surrounded by high-income residential neighborhoods, creative
office campuses, and continued residential and commercial
development, this is a rare opportunity to acquire a stabilized,
trophy-quality investment in a premier West Los Angeles market
with durable long-term fundamentals.
Price: $3,650,000
Price PSF: $672
Cap Rate: 6%
NOI: $218,738
Building Size: 5,431
SF
Lot Size: 5,749
APN: 4233-012-016
Parking: 7 spaces in rear lot
Year Built: 1927
Zoning: Mixed Use Corridor
(All information taken from publics records)