8548 Washington Boulevard, Culver City, CA 90232 | MLS SB15244650 | Listing Information | Real Living Pacific Realty | Real Living Real Estate
Real Living Pacific Realty
800-660-9140

8548 Washington Boulevard,  Culver City CA, 90232

Status: Sold
MLS#: SB15244650
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Real Living Pacific Realty
800-660-9140

Listing Provided Courtesy Of: RE/MAX Commercial & Inv Realty
Last Updated: 12/3/2016 8:50 PM
Description for 8548 Washington Boulevard Culver City, CA 90232
The subject property is a 2,940 square foot single story commercial building built in 1948 and situated on 3 lots totaling 6,749 square feet. Construction is concrete block and the present user is a single tenant, Citizennet. The tenant pays rent of $7,200 and is on a short term lease that expires 3/31/2016. The lease is modified gross with landlord paying property taxes and insurance. The current tenant has 30+ employees and uses paved portion of the vacant parcels for parking approximately 12 vehicles. The subject property is located within The Culver City Arts District which encompasses more than 35 contemporary art galleries, 25 boutique and design retailers and 17 specialty restaurants and coffee bars. It is also home to creative enterprises such as architecture, advertising, culinary arts, post production and interior design. Located on Washington Boulevard between Helms and Fairfax Avenues as well as La Cienega Blvd. between Venice and Fairfax Avenue it is easily accessible by both the Culver City and La Cienega Expo Stations. There are also hi-tech and start up companies in the immediate area as well as Sony Studios and the Helms Bakery building which has an array of award winning restaurants within a pedestrian oriented walk street.
Price
Sold Price:
$2,450,000
Sold Date:12/22/2015
Los Angeles
SB15244650
Closed
Description
The subject property is a 2,940 square foot single story commercial building built in 1948 and situated on 3 lots totaling 6,749 square feet. Construction is concrete block and the present user is a single tenant, Citizennet. The tenant pays rent of $7,200 and is on a short term lease that expires 3/31/2016. The lease is modified gross with landlord paying property taxes and insurance. The current tenant has 30+ employees and uses paved portion of the vacant parcels for parking approximately 12 vehicles. The subject property is located within The Culver City Arts District which encompasses more than 35 contemporary art galleries, 25 boutique and design retailers and 17 specialty restaurants and coffee bars. It is also home to creative enterprises such as architecture, advertising, culinary arts, post production and interior design. Located on Washington Boulevard between Helms and Fairfax Avenues as well as La Cienega Blvd. between Venice and Fairfax Avenue it is easily accessible by both the Culver City and La Cienega Expo Stations. There are also hi-tech and start up companies in the immediate area as well as Sony Studios and the Helms Bakery building which has an array of award winning restaurants within a pedestrian oriented walk street.
Listing Information
Property Type: General Commercial, Other
0.16 Acres 1948
Neighborhood
Room Information
Exterior / Lot Features
None
CCC3YY
Financial Considerations
4205017016
Listing Price History

Culver City Real Estate

Culver City is located in California. Culver City, California 90232 has a population of 38,949.

The median household income in Culver City, California 90232 is $76,182. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Culver City 90232 is 41 years.

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Courtesy: RE/MAX Commercial & Inv Realty Stephen Lampe
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