Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8954 Ellis Ave Los Angeles, CA 90034
    Back to Search
    Property profile & analytics

    8954 Ellis Ave Los Angeles, CA 90034

    View on Map
    • Office Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • White Oak Communication / Advertising Agency / Marketing & Advertising
    • The moody lounge / Medical Clinic / Skin Care Clinic
    • Kitchen & Bath Remodeling LA / Hardware & Home Improvement / Kitchen & Bath Showroom
    • Pink Astronaut / Marketing & Advertising / IT Consulting Firm

    Property Details for 8954 Ellis Ave

    Property type
    Office Spaces
    Property subtype
    Office Units

    Description

    This exceptional 3,200 square foot creative office space is available for sublease at 8954 Ellis Ave in Los Angeles, California, zip code 90034. Located in Culver City, this property offers a prime location within Los Angeles County. The space is categorized as a creative office, ideal for businesses seeking a unique and inspiring work environment. The sublease term extends until July 31, 2025, providing a flexible timeframe for prospective tenants. The rental rate is negotiable, offering an opportunity to secure favorable lease terms. The property is designated as a multi-tenant building, suggesting a vibrant and collaborative atmosphere. This listing presents a single available space, totaling 3,200 square feet, perfect for a company seeking to establish or expand its presence in the thriving Culver City area. The precise features of the space are currently unavailable, but interested parties are encouraged to inquire for further details and to discuss the negotiable rental rate and lease terms. The property's address is easily accessible and situated within a well-established commercial district. This sublease opportunity provides a chance to secure a desirable office space in a sought-after location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.391
    Latitude
    34.0296

    Comparable in this City

    • Value Estimation by Request
      1,010 SF

      3379 Robertson Pl

      Office Units • 1,010 SF
      3379 Robertson Pl, Los Angeles, CA 90034
      View Details
    • Value Estimation by Request
      14,448 SF

      9190 Exposition Blvd

      Office Units • 14,448 SF
      9190 Exposition Blvd, Los Angeles, CA 90034
      View Details
    • Value Estimation by Request
      3,200 SF

      8954 Ellis Ave

      Office Units • 3,200 SF
      8954 Ellis Ave, Los Angeles, CA 90034
      View Details
    • Value Estimation by Request
      9,213 SF

      3384-3390 Robertson Pl

      Office Units • 9,213 SF
      3384-3390 Robertson Pl, Los Angeles, CA 90034
      View Details
    • Value Estimation by Request
      3,230 SF

      2741 Robertson Blvd

      Mixed-use properties • 3,230 SF
      2741 Robertson Blvd, Los Angeles, CA 90034
      View Details
    • Value Estimation by Request
      5,130 SF

      2677 La Cienega Blvd

      Office Spaces • 5,130 SF
      2677 La Cienega Blvd, Los Angeles, CA 90034
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,575 SF

      Office Space with Open Layout

      Office space featuring an open floor plan, kitchen, and bathroom.
      11685-11695 National Blvd, Los Angeles, CA 90034
      View Details
    • Contact for pricing
      2,022 SF

      Venice Blvd Retail Investment Opportunity

      Single tenant retail property with street exposure and parking.
      10939 Venice Blvd, Los Angeles, CA 90034
      View Details
    • Contact for pricing
      2,526 SF

      West Los Angeles Multiuse Asset

      Multiuse property in West Los Angeles, ideal for owner-users.
      3770 Selby Ave, Los Angeles, CA 90034
      View Details
    • Contact for pricing
      3,180 SF

      Office Building For Sale

      Office building available for sale, suitable for owner-user or investment.
      3347 Motor Ave, Los Angeles, CA 90034
      View Details
    • Contact for pricing
      112,781 SF

      Prime Office Building in Los Angeles

      Strategically located office building in booming Culver City.
      3000 Robertson Blvd, Los Angeles, CA 90034
      View Details
    • $1,997,500
      2,028 SF

      Palms Mar Vista Triplex Opportunity

      Charming triplex with value-add potential in desirable Palms Mar Vista.
      3450 Vinton Ave, Los Angeles, CA 90034
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Culver City Flex/Industrial Space

      Flex/industrial space available for lease in Culver City.
      8928 Ellis Ave, Culver City, CA 90034
      View Details
    • Contact for pricing

      Office Space for Lease

      Office space available for lease in Los Angeles.
      8737 Venice Blvd, Los Angeles, CA 90034
      View Details
    • Contact for pricing

      Modern Workspace in Central Location

      Contemporary office space in Los Angeles' business and trading hub.
      3415 South Sepulveda Blvd, Los Angeles, CA 90034
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Second generation retail and office space available for lease.
      10401 Venice Blvd, Los Angeles, CA 90034
      View Details
    • Contact for pricing

      Los Angeles Flex/Industrial/Office Space

      Flex, industrial, and office spaces available for lease in Los Angeles.
      3375 Robertson Pl, Los Angeles, CA 90034
      View Details
    • Contact for pricing
      1,706 SF

      Office Space with Multiple Offices

      Office space featuring a bullpen and multiple private offices.
      3679 Motor Ave, Los Angeles, CA 90034
      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.
    8954 Ellis Ave
    Los Angeles, CA 90034
    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

    Thank You for Inquiry
    8954 Ellis Ave, Los Angeles, CA, 90034
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!