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    8870 Washington Blvd Culver City, CA 90232

    For Sale
    Contact for pricing

    Prime Culver City location, 100% leased.

    Property size:
    29,723 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A creative office complex, located at 8870 Washington Blvd and 8919 Lindblade St in Culver City, CA 90232, presents a rare investment opportunity. The property comprises two buildings totaling 29,723 net rentable square feet on a 0.99-acre lot. Built in 1958 and 1963, and extensively renovated in 2015, this single-tenant property boasts a 100% occupancy rate. Currently, it's fully leased to Technicolor Creative Services USA under a long-term, triple-net (NNN) lease commencing November 2015 and extending through May 2028, with a corporate guarantee from Technicolor SA. The property's Net Operating Income (NOI) is $1,710,590. Situated in the heart of Culver City's thriving media and entertainment district, this irreplaceable adaptive reuse complex benefits from unparalleled access to major freeways (I-405 and I-10), placing it strategically between Santa Monica and Downtown Los Angeles. The property's location within the highly desirable West LA market, near prominent companies like Amazon, Apple, ByteDance, and HBO, ensures strong long-term value. This offering presents a significant discount compared to current market pricing for comparable creative office spaces. The property is a one-story building with a total of one story. This is a core investment opportunity with significant upside potential.

    Property Features for 8870 Washington Blvd

    General Information

    Property type
    Office space
    Square Feet
    29,723 SF
    Class
    A
    Lot Size
    43,124 SF

    Building Details

    Year Renovated
    2015
    Buildings
    2
    Stories
    1

    HighLights

    • Irreplaceable adaptive reuse complex in Culver City's creative community, 100% leased to Technicolor.
    • 100% NNN‑leased to Technicolor Creative Services USA through May 2028, guaranteed by Technicolor SA.
    • Offered at a significant discount to comparable creative space pricing, exceeding $1,200/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -118.3885255
    Latitude
    34.026699

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    FAQs

    What type of property is this?
    Office space - Prime Culver City location, 100% leased.
    Where is this office space located?
    The property is located at 8870 Washington Blvd Culver City, CA.
    What are key features of this property?
    This property features: Irreplaceable adaptive reuse complex in Culver City's creative community, 100% leased to Technicolor.; 100% NNN-leased to Technicolor Creative Services USA through May 2028, guaranteed by Technicolor SA.; Offered at a significant discount to comparable creative space pricing, exceeding $1,200/SF.
    Request Owner's contact information
    8870 Washington Blvd Culver City, CA 90232
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    Realmo Value Estimation

    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.

    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
    8870 Washington Blvd Culver City, CA 90232
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