Two-Story Creative Office
For Sale
$3,350,000
12035 Jefferson Boulevard, Culver City, CA 90230
Creative office building with a ground-level suite available and 12 exclusive parking spaces.
Property Size4,914 SF
Price / SF$681.73
Days on Market129
Property Features for 12035 Jefferson Boulevard
General Information
Standard status
Active
Size
4,914 SF
Class
B
Total Parking Spaces
12
Property subtype
Office
Occupancy
50%
Additional Details
Highway Access
Yes
Building Details
Building Size
4,914 SF
Year Built
1970
Stories
2
Listed By:
David Shaby · License #CalDRE #02081248
(310) 683-8767
Source:
Www2.naicapital
Added: Jun 17
Changed: Aug 15
Last Checked: Aug 24 at 4:18AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$107,416
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,148,320
$2.1M
Cap Rate 7%
$1,534,514
$1.5M
Cap Rate 9%
$1,193,511
$1.2M
Market Conditions
NOI Build-Up for 4,914 SF
Gross rent
$188.7K $38.40/SF
− Vacancy
−$45.5K −$9.25/SF
EGI
$143.2K $29.15/SF
− OpEx
−$35.8K −$7.29/SF
NOI
$107.4K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,148,320
Cap Rate 7%
$1,534,514
Cap Rate 9%
$1,193,511
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
50%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,708
Businesses Nearby
Explore this area
Business Placement
Demographics for 90230, CA
32,743
Population
14,198
Households
2.3
Avg Household Size
41
Median Age
58%
College-Educated
91%
High-School Grad
4.5 sq mi
ZIP Area
7,276
Density / Sq Mi
$106,827
Median Household Income
$76,041
Median Earnings
$2,423
Median Rent
$1,025,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
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
