Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8439 Steller Dr Culver City, CA 90232

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3 SF/Yr ($12,601 /Mo)

    Flex building featuring air conditioning, concrete floors, and skylights.

    Property size:
    38,284 SF
    Lot size:
    0.96 Acres

    Property Features for 8439 Steller Dr

    General Information

    Size
    38,284 SF
    Lot size
    0.96 Acres

    We can help!

    Listing Contact
    Keith Fielding
    Source: Moodyscre

    Listing Agency: Lee & Associates - West L.A. Listing Agent: Keith Fielding

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Creative Flex Building For Lease

    This flex building offers a creative space suitable for various business operations. The property is fully air-conditioned with 100 tons of cooling capacity. Interior features include concrete floors, skylights, and exposed ceilings ranging from 14 to 24 feet. The building includes newly renovated bathrooms equipped with showers. Natural light is abundant due to windows on three sides, complemented by five grade-level doors. The property is located approximately 5 minutes from downtown Culver City, Platform, and the Cumulus Project. The building has a total area of 38,284 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Gourmet Celebrations, Whitehouse Dish Inc, Los Angeles Office Caterer, Air Gourmet, Green Truck

    Location Insight

    • Map
    • Local Demand
    City
    Culver City
    County
    Los Angeles
    State
    California
    Longitude
    -118.3782213
    Latitude
    34.0246712

    Nearby Similar for Lease

    • $3,200 /Mo
      900 SF

      Charming Culver City Lower Unit

      Inviting 2-bedroom, 1.5-bath residence near Culver City amenities.
      5183 Inglewood Blvd, Culver City, CA 90230
      View Details
    • $2 SF/Yr
      32,874 SF

      Creative Office Building in Hayden Tract

      Freestanding creative office building with high ceilings and ample light.
      3523 Eastham Dr, Culver City, CA 90232
      View Details
    • $4 SF/Yr
      10,822 SF

      Downtown Culver City Office Space

      Turnkey office space in the heart of Downtown Culver City.
      9543 Culver Blvd, Culver City, CA 90232
      View Details
    • $10,000 /Mo

      Versatile Culver City Commercial Space

      Adaptable space suitable for office, medical, or fitness uses.
      10312 Culver Blvd, Culver City, CA 90232
      View Details
    • $5,800 /Mo
      1,830 SF

      Culver City Townhome with Upgrades

      Stylish 3-level townhome near downtown Culver City with modern amenities.
      3823 Huron Ave, Culver City, CA 90232
      View Details
    • $2 SF/Yr
      28,455 SF

      Modern Office Space with Amenities

      High-end office space with gym, kitchen, and rooftop deck.
      800 Corporate Pointe, Culver City, CA 90230
      View Details
    • $2 SF/Yr
      52,348 SF

      Buckingham Heights Business Park

      Prime LA County Office/Industrial Space
      5601- Buckingham Pkwy, Culver City, CA 90230
      View Details
    • $37 SF/Yr
      37,736 SF

      Culver City Creative Office Space

      Modern office suites, prime location.
      5839 Green Valley Cir, Culver City, CA 90230
      View Details
    • $48 SF/Yr
      204,263 SF

      Culver City Retail Storefront Available

      Prime Culver City location, 1,477 sq ft.
      10960 Jefferson Blvd, Culver City, CA 90230
      View Details
    • $36 SF/Yr
      12,250 SF

      Culver City Creative Office Space

      12,250 SF, 20 Parking Spaces
      10003 Washington Blvd, Culver City, CA 90232
      View Details
    • $39 SF/Yr
      17,386 SF

      Culver City Office Space for Lease

      9,000 SF Office, Prime Location
      9415 Culver Blvd, Culver City, CA 90232
      View Details
    • $41 SF/Yr
      8,165 SF

      Culver City Creative Office Space

      Prime West LA location, 2,000 sq ft available.
      5895 Washington Blvd, Culver City, CA 90232
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex building featuring air conditioning, concrete floors, and skylights.
    Where is this flex space located?
    The property is located at 8439 Steller Dr Culver City, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Just 5 minutes from Downtown Culver City, Platform & Cumulus Project.; - Fully air conditioned with 100 tons of cooling capacity.; - Windows on 3 sides and 5 GL doors provide ample natural light.
    (310) 899-2719
    Request Owner's contact information
    8439 Steller Dr Culver City, CA 90232
    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.
    8439 Steller Dr
    Culver City, CA 90232
    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
    8439 Steller Dr Culver City, CA 90232
    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

    We can help!
    Listing Contact
    Keith Fielding
    (310) 899-2719
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.