Add Listing
    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

    8500 Steller Drive Culver City, CA 90232

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3 SF/Yr

    Creative office space in renovated industrial building, close to Metro.

    Type:Office
    Property size:
    29,434 SF
    Added:
    Nov 26, 2025
    Days on Market:
    127
    Last Refresh:
    Mar 29 at 10:05 pm

    Property Features for 8500 Steller Drive

    General Information

    Standard status
    Active
    Size
    29,434 SF
    Property subtype
    Office

    Spaces For Lease

    at 8500 Steller Drive Contact us

    We can help!

    Listing Contact
    Andrew Wilson
    Andrew Wilson

    Listing agent Andrew Wilson

    Listing office

    Listing date Nov 26, 2025

    Source Lee-associates

    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 Andrew Wilson

    Overview

    Creative Office Space Available

    This creative office space is located within a renovated industrial building that dates back to the 1940s. The space features polished concrete floors, four private offices, and an open area. It also includes a kitchenette and a private restroom. The HVAC system is separately metered. The property offers convenient access to Downtown Culver City and is located close to the Metro Expo Line.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Creative space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Culver City
    County
    Los Angeles
    State
    California
    Longitude
    -118.38
    Latitude
    34.0245

    Nearby Similar for Lease

    • Contact for pricing

      Culver City Office Space Available

      Office space with open layout and ample parking available for lease.
      10312 Culver Blvd, Culver City, CA 90232
      View Details
    • $2.00/mo

      Freestanding Office Building with Balconies

      Two-story office building with excellent freeway access and natural light.
      6059 Bristol Parkway, Culver City, CA, 90230
      View Details
    • $4/mo

      Downtown Culver City Office Space

      Turnkey office space in the heart of Downtown Culver City.
      9543 Culver Blvd, Culver City, CA 90232
      View Details
    • $3/mo

      Creative Office Space in Culver

      Move-in ready creative office space in Downtown Culver City.
      9430 Washington Boulevard, Culver City, CA 90232
      View Details
    • $2/mo

      Refurbished Office Space Available

      Newly refurbished 2,500 square feet upstairs office space for rent.
      11295 Washington Boulevard, Culver City, CA 90230
      View Details
    • $2/mo

      Creative Office Building in Hayden Tract

      Freestanding creative office building with high ceilings and ample light.
      3523 - 3525 Eastham Drive, Culver City, CA 90232
      View Details
    • Contact for pricing

      Office Space with HVAC

      Office space available for rent with HVAC system.
      5408 Sepulveda Blvd, Culver City, CA 90230
      View Details
    • $4/mo

      Creative Space with Unique Features

      Creative space suitable for editing, advertising, and post-production.
      3615-3623 Eastham Dr, Culver City, CA
      View Details
    • $5/mo

      Move-in Ready Culver City Office

      Move-in ready office space with great natural lighting in Culver City.
      9696 Culver Blvd, Culver City, CA 90232
      View Details
    • $3/mo

      Retail Space on Inglewood Boulevard

      Retail space for lease on a primary north-south corridor.
      4500 Inglewood Boulevard, Culver City, CA 90230
      View Details
    • $0.17/mo

      Creative Office Space in Culver

      Unique office building with high ceilings and Playa Vista views.
      11869 Teale Street, Culver City, CA 90230
      View Details
    • $4/mo

      Creative Office Space Available

      Creative office building with studio, natural light, and outdoor decks.
      10121 Jefferson Blvd, Culver City, CA
      View Details

    FAQs

    What type of property is this?
    Creative space - Creative office space in renovated industrial building, close to Metro.
    Where is this creative space located?
    The property is located at 8500 Steller Drive 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: Renovated 1940's Industrial Building with Creative Office Space; Polished Concrete Floors throughout; Features 4 Private Offices & Open Area
    (310) 899-2717
    We can help!
    Listing Contact
    Andrew Wilson
    Andrew Wilson
    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!