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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3523-3525 Eastham Dr Culver City, CA 90232

    • Office Properties & Spaces
    • 37,824 SF
    For Lease
    View listing
    $3 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 3523-3525 Eastham Dr

    Property size
    37,824 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Office space

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Culver City
    County
    Los Angeles
    State
    California
    Longitude
    -118.378
    Latitude
    34.026

    Comparable in this City

    • Value Estimation by Request
      4,789 SF

      8571 Higuera St

      Office space • 4,789 SF
      8571 Higuera St, Culver City, CA 90232
      View Details
    • Value Estimation by Request
      16,677 SF

      3619 Eastham Dr

      Office space • 16,677 SF
      3619 Eastham Dr, Culver City, CA 90232
      View Details
    • Value Estimation by Request
      13,500 SF

      8509-8511 Steller Dr

      Distribution properties • 13,500 SF
      8509-8511 Steller Dr, Culver City, CA 90232
      View Details
    • Value Estimation by Request
      17,386 SF

      9415 Culver Blvd

      Office space • 17,386 SF
      9415 Culver Blvd, Culver City, CA 90232
      View Details
    • Value Estimation by Request
      8,000 SF

      5901 Blackwelder St

      Office space • 8,000 SF
      5901 Blackwelder St, Culver City, CA 90232
      View Details
    • Value Estimation by Request
      29,723 SF

      8870 Washington Blvd

      Office space • 29,723 SF
      8870 Washington Blvd, Culver City, CA 90232
      View Details

    Similar Nearby for Sale

    • $7,500,000
      8,000 SF

      Culver City Creative Office Space

      Modern 8,000 SF office, two suites.
      5901 Blackwelder St, Culver City, CA 90232
      View Details
    • Contact for pricing
      29,723 SF

      Culver City Creative Office Complex

      Prime Culver City location, 100% leased.
      8870 Washington Blvd, Culver City, CA 90232
      View Details
    • $20,000,000
      25 SF

      Westside Flex Building in Culver

      Rare flex building in Culver City's Hayden Tract.
      8432 Steller Dr, Culver City, CA 90232
      View Details
    • $4,000,000
      3,985 SF

      Culver City Commercial Gem

      Restaurant/Office, Prime Location
      8534 Washington Blvd, Culver City, CA 90232
      View Details
    • $2,250,000

      Culver City Retail & Land Investment

      Prime Culver City location, owner-user potential.
      3855 Jasmine Ave, Culver City, CA 90232
      View Details
    • $15,200,000
      15,373 SF

      Creative Office Campus For Sale

      Creative office campus available for purchase in Playa del Rey.
      311-315 Culver Blvd, Playa del Rey, CA 90232
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      37,824 SF

      3523-3525 Eastham Dr

      Office space • 37,824 SF
      3523-3525 Eastham Dr, Culver City, CA 90232
      View Details
    • Contact for pricing
      76,755 SF

      Culver City Creative/Flex Space

      Creative/Flex space with high ceilings and roll-up doors for rent.
      8631 Hayden Pl, 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
    • $66 SF/Yr
      7,535 SF

      Culver City Creative Office Spaces

      Move-in ready office suites in prime location.
      9696 Culver Blvd, Culver City, CA 90232
      View Details
    • $3 SF/Yr
      10,000 SF

      Creative Office Space in Culver

      Move-in ready creative office space in Downtown Culver City.
      9430 Washington Blvd, Los Angeles, CA 90232
      View Details
    • $4 SF/Yr
      2,587 SF

      Creative Space with Unique Features

      Creative space suitable for editing, advertising, and post-production.
      3615-3623 Eastham Dr, Culver City, CA 90232
      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.
    3523-3525 Eastham 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
    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.