Two-Story Creative Office
12035 Jefferson Boulevard Culver City, CA 90230
For Sale
$3,350,000
Creative office building with a ground-level suite available and 12 exclusive parking spaces.
Property Size4,914 SF
Price / SF$681.73
Days on Market38
Property Features for 12035 Jefferson Boulevard
General Information
- Standard status
- Active
- Size
- 4,914 SF
- Property subtype
- Office
Building Details
- Year Built
- 1970
Listing Agency:
(310) 683-8767
Listed By:
David Shaby · License #CalDRE #02081248
(310) 683-8767
Source:
Www2.naicapital
Added: Jun 17
Changed: Jul 23
Last Checked: Jul 23 at 1:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of David Shaby
Investment Insights
Based on property information with market context.
This two-story creative office building is offered for sale with 50% leased occupancy and a ground-level suite available for immediate occupancy. The property includes 12 exclusive parking spaces and offers the opportunity for highly visible signage.
The building provides immediate access to the 405 and 90 freeways and sits within a technology- and media-focused tenant environment. Local neighbors listed include Google, Meta, Apple, YouTube, IMAX, Samsung, Verizon, NIKE, Activision, Microsoft, SONY, IPG, Carvana, and others.
Additional signage availability is noted together with 12041-43 W Jefferson Blvd.
The building provides immediate access to the 405 and 90 freeways and sits within a technology- and media-focused tenant environment. Local neighbors listed include Google, Meta, Apple, YouTube, IMAX, Samsung, Verizon, NIKE, Activision, Microsoft, SONY, IPG, Carvana, and others.
Additional signage availability is noted together with 12041-43 W Jefferson Blvd.
Key Highlights
- 4,914 SF two‑story creative office building, built in 1970
- 50% leased, with a ground level suite available for occupancy
- Immediate access to the 405 and 90 freeways
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $188.7k | $38.40 |
| − Vacancy | −$45.5k | −$9.25 |
| EGI | $143.2k | $29.15 |
| − OpEx | −$35.8k | −$7.29 |
| NOI | $107.4k | $21.86 |
4,914 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.53M
$1.34M – $1.79M
NOI $107,416 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,166 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Creative space
FAQs
What type of property is this?
Creative space - Creative office building with a ground-level suite available and 12 exclusive parking spaces.
Where is this creative space located?
The property is located at 12035 Jefferson Boulevard Culver City, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: 4,914 SF two‑story creative office building, built in 1970; 50% leased, with a ground level suite available for occupancy; Immediate access to the 405 and 90 freeways
