Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    11520 Jefferson Blvd Culver City, CA 90230-6141

    • Manufacturing properties
    • 13,158 SF
    • 0.20 lot acres
    OFF-MARKET
    Last Sale
    Mar 29, 2024
    $2,960,000
    Value Estimations
    $2,935,000
    Show details
    Cap Rate Potential
    5.2%
    Manufacturing properties
    Location Intelligence
    Property ID
    US09-7869740
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 11520 Jefferson Blvd

    Year built
    1971
    Construction
    TILT-UP CONCRETE
    Lot size
    0.20 lot acres
    Property size
    13,158 SF
    Zone code
    CCM2*
    Property type
    Manufacturing properties
    APN
    4216-026-028
    APU
    4216026028

    Description

    This newly renovated, two-story flex building at 11520 Jefferson Boulevard in Culver City, CA, offers 13,158 square feet of versatile space. The property, built in 1972 and extensively renovated in 2024, features a mix of storefront retail, open showroom space, and second-floor professional offices, catering to diverse business needs. Units range from a minimum of 100 square feet to a maximum contiguous space of 6,675 square feet, accommodating businesses of various sizes. The building boasts modern amenities including double-pane windows, brand-new kitchens, 9- to 11-foot exposed ceilings, ample natural light, private entrances, welcoming lobbies, and central air and heating. With eight parking spaces available, the property is conveniently located near the 405 and 90 Freeways, providing easy access throughout Southern California. Its central Culver City location, close to Playa Vista, offers proximity to beaches, amenities, and the entertainment industry. The building is also just a block from the shops and restaurants on Sepulveda Boulevard, combining convenience with a quiet, productive work environment. The property is zoned M2 - M-2 Industrial General, and its APN is 4216026028. The lot size is 8,651 square feet. The building has 375 amps of power. There are no elevators.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Estimation
      $2,960,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,805,000
      6.5%
      $2,670,000
      7%
      $2,875,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,135,000
      Geo Method
      $2,590,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,805,000
      Retail
      $2,610,000
      Mixed-Use
      $2,555,000
      Hospitality
      $2,590,000
      Educational
      $2,790,000
      Residential Income
      $3,360,000
      Energy
      $2,785,000
      Income-Based Land
      $3,045,000
      Food Service
      $3,185,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Culver City
    County
    Los Angeles
    State
    California
    Longitude
    -118.398
    Latitude
    33.9882
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,741
    $488,600
    $504,889
    $993,489
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      24,943 SF

      11244 Playa Ct

      MANUFACTURING (LIGHT) • 24,943 SF
      11244 Playa Ct, Culver City, CA 90230-6127
      View Details
    • Value Estimation by Request
      6,000 SF

      5659 Selmaraine Dr

      MANUFACTURING (LIGHT) • 6,000 SF
      5659 Selmaraine Dr, Culver City, CA 90230-6119
      View Details
    • Value Estimation by Request
      4,000 SF

      4014 Sepulveda Blvd

      MANUFACTURING (LIGHT) • 4,000 SF
      4014 Sepulveda Blvd, Culver City, CA 90230
      View Details
    • Value Estimation by Request
      1,250 SF

      4333 Sepulveda Blvd

      MANUFACTURING (LIGHT) • 1,250 SF
      4333 Sepulveda Blvd, Culver City, CA 90230-4715
      View Details
    • Value Estimation by Request
      4,247 SF

      11817 Major St

      MANUFACTURING (LIGHT) • 4,247 SF
      11817 Major St, Los Angeles, CA 90230-6332
      View Details
    • Value Estimation by Request
      4,201 SF

      5621 Mesmer Ave

      MANUFACTURING (LIGHT) • 4,201 SF
      5621 Mesmer Ave, Los Angeles, CA 90230
      View Details

    Similar Nearby for Sale

    • $28,900,000
      96,394 SF

      Freestanding Dock-High Facility For Sale

      96,394 SF concrete tilt-up facility with excellent frontage.
      5331-5333 Slauson Ave, Commerce, CA 90230
      View Details
    • $1,650,000
      3,100 SF

      Culver City Four-Unit Apartment Building

      Well-maintained four-unit apartment building in a desirable Culver City location.
      5427 Kinston Ave, Culver City, CA 90230
      View Details
    • $548,000
      920 SF

      Windsor Fountains Condo Opportunity

      Charming 2-bedroom condo in resort-style Culver City community.
      4900 Overland Ave, Culver City, CA 90230
      View Details
    • $1,095,000

      Culver City Commercial Property

      Commercial property for sale in Culver City, California.
      5145 Overland Ave, Culver City, CA 90230
      View Details
    • $1,499,999
      4,200 SF

      Culver City Retail Strip Center

      Multi-tenant retail strip center in high-traffic Culver City location.
      5405 Sepulveda Blvd, Culver City, CA 90230
      View Details

    Similar Nearby for Lease

    • $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
    • $2 SF/Yr
      7 SF

      Culver City Industrial Opportunity

      Industrial space for lease in Culver City with high ceilings.
      5741 Buckingham Pkwy, Culver City, CA 90230
      View Details
    • Contact for pricing
      180,550 SF

      5790 W Jefferson Blvd

      Office space • 180,550 SF
      5790 Jefferson Blvd, Los Angeles, CA 90230
      View Details
    • $1.60 SF/Yr
      28,340 SF

      Buckingham Heights Freestanding Building

      Freestanding building in Buckingham Heights Business Park available for lease.
      5711 Buckingham Pkwy, Culver City, CA 90230
      View Details
    • Contact for pricing

      Industrial Property in Culver City

      100% leased industrial property in Culver City, California.
      5835-5859 Uplander Way, Culver City, CA 90230
      View Details
    • $1.35 SF/Yr
      75,500 SF

      Commerce Industrial Space For Lease

      Class A industrial space in Commerce, available August 2025.
      5353 E Slauson Ave, Commerce, CA 90230
      View Details
    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.
    11520 Jefferson Blvd
    Culver City, CA 90230-6141
    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.

    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
    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.