Creative Space in Hayden
8621 Hayden Place Culver City, CA 90232
For Sale
$13,995,000
Located in the heart of Culver City's Hayden Tract.
Property Size25,550 SF
Price / SF$547.75
Days on Market123
Property Features for 8621 Hayden Place
General Information
- Standard status
- Active
- Size
- 25,550 SF
- Property subtype
- Office
Listing Agency:
CBRE - West Los Angeles
(310) 550-2537
Listed By:
Jeff Pion · License #00840278
(310) 550-2537
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 24 at 5:21AM
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 CBRE - West Los Angeles
Investment Insights
Based on property information with market context.
Located in the heart of the Hayden Tract in Culver City, California, 8621 Hayden Place resides in one of the strongest markets in the western United States. The area is home to global market leaders such as Apple, Amazon, HBO, and Sony, drawn to its central location for employees, walkable amenities including restaurants, hotels, fitness options, and public parks, its small-town feel, and municipal services including public transportation. The Hayden Tract has been a leader in the creative space movement, offering non-traditional real estate options to tech, media, and entertainment tenants. It serves as a central hub for entertainment stage, studio, and production space. The property is positioned in the Culver City ecosystem between NantStudios’ production facility and the Nova Exhibition, and across the street from Apple’s campus. The property size is 25550 square feet.
Key Highlights
- Prime location in the heart of Culver City's Hayden Tract.
- Proximity to major global market leaders like Apple, Amazon, HBO, and Sony.
- Located in the 'creative space' movement hub, ideal for tech, media, and entertainment tenants.
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 | $981.1k | $38.40 |
| − Vacancy | −$236.4k | −$9.25 |
| EGI | $744.7k | $29.15 |
| − OpEx | −$186.2k | −$7.29 |
| NOI | $558.5k | $21.86 |
25,550 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.98M
$6.98M – $9.31M
NOI $558,503 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.68M
$11.97M – $15.96M
NOI $957,556 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Creative space
FAQs
What type of property is this?
Creative space - Located in the heart of Culver City's Hayden Tract.
Where is this creative space located?
The property is located at 8621 Hayden Place Culver City, CA.
What is the asking price?
The asking price for this property is $13,995,000.
What are key features of this property?
This property features: Prime location in the heart of Culver City's Hayden Tract.; Proximity to major global market leaders like Apple, Amazon, HBO, and Sony.; Located in the 'creative space' movement hub, ideal for tech, media, and entertainment tenants.
