Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12910 Culver Blvd Marina del Rey, CA 90066

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial property available for lease in Marina del Rey.

    Type:Retail, Office
    Added:
    Sep 8, 2021
    Days on Market:
    1677
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 12910 Culver Blvd

    General Information

    Standard status
    Active
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1971

    Spaces For Lease

    at 12910 Culver Blvd Contact us

    Suite B $3 /Mo

    Size
    13,039 SF
    Type
    Office
    Contact us

    Suite C $3 /Mo

    Size
    12,095 SF
    Type
    Retail, Office
    Open Floor PlansnCarpet Tiles ThroughoutnConference Room with Sliding Glass DoornOffice...
    show more
    Contact us

    We can help!

    Listing Contact
    Barrett Meister

    Listing agent Barrett Meister License #CRE# 02021596

    Listing office Steaven Jones and Co

    Listing date Sep 8, 2021

    Source Crexi

    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 Steaven Jones and Co

    Overview

    Commercial Space Available For Lease

    This commercial property, located in Marina del Rey, California, is available for lease. The property is classified as a specialty property and other specialty property. It is located at 12910 Culver Blvd, Marina del Rey, CA 90066.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Marina del Rey
    County
    Los Angeles
    State
    California
    Longitude
    -118.433
    Latitude
    34.0034

    Nearby Similar for Lease

    • $3/mo

      Marina del Rey Office Space

      Office space with rooftop deck and convenient location for rent.
      13470 Washington Blvd | Marina del Rey, CA 90292, CA 90292
      View Details
    • $2/mo

      Renovated Flex Space Near LAX

      Creative flex space with loading, HVAC, and high ceilings.
      4223 Glencoe Ave | Marina Del Rey, CA 90292, CA 90292
      View Details
    • $3/mo

      Waterfront Office Space Available

      Marina Del Rey office space with panoramic views for lease.
      4333 Admiralty, Marina Del Rey, CA 90292
      View Details
    • Contact for pricing

      Restaurant/Retail Space Available

      Second generation restaurant spaces available for multiple uses.
      4040 Del Rey Avenue, Marina del Rey, CA, 90292
      View Details
    • $5/mo

      Retail/Creative Building with Open Floorplan

      Retail/creative building with open floor plan in Marina del Rey.
      13452 Washington Blvd, Marina del Rey, CA
      View Details
    • $5/mo

      Marina del Rey Office Space

      Office space available in Marina del Rey, California.
      4676 Admiralty Way, Marina del Rey, CA
      View Details
    • Contact for pricing

      Marina Del Rey Office Space

      Office space available in Marina Del Rey, California.
      13335 Maxella Ave, Marina Del Rey, CA 90292
      View Details
    • Contact for pricing

      Creative Office Space in Marina

      Two-story creative office space in Marina Del Rey.
      3013 Washington Blvd., Marina del Rey, CA 90292
      View Details
    • Contact for pricing

      Creative Office Space Available

      Creative office space featuring private offices and an open area.
      4052-4056 Del Rey Ave, Marina del Rey, CA
      View Details
    • $1.95/mo

      Marina del Rey Office Space

      Office space available for lease in Marina del Rey.
      13375-13377 Beach Ave, Marina del Rey, CA
      View Details
    • $2/mo

      Free Standing Warehouse For Rent

      Free standing warehouse with ground level loading and parking.
      13311 Beach Ave, Marina del Rey, CA
      View Details
    • $5/mo

      Retail/Office Space in Marina del Rey

      Ground floor retail or office space in Marina del Rey.
      330 Washington Blvd, Marina del Rey, CA
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial property available for lease in Marina del Rey.
    Where is this specialty property located?
    The property is located at 12910 Culver Blvd Marina del Rey, CA.
    What are key features of this property?
    This property features: Available for lease; Year Built: 1971
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Barrett Meister
    Real Estate License ID: CRE# 02021596
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!