5895 Washington BlvdCulver City, CA 90232

Property Details for 5895 Washington Blvd

Year built

2002

Construction

TILT-UP CONCRETE

Lot size

0.08 AC

Property size (Sq ft)

1,132 SF

Zone code

CCM1*

Property type

Retail properties

Property subtype

Auto shops

APN

5065-013-031

APU

5065013031

Description

This exceptional 2-story, 8,165 square foot creative office building, located at 5879-5895 Washington Blvd, Culver City, CA 90232, presents a unique opportunity. The property boasts a desirable location in the West Los Angeles submarket, conveniently situated near La Cienega Blvd. Currently, 2,000 square feet of space is available for lease within this multi-tenant building, constructed in 1991 and renovated the same year. The building features impressive 20-foot ceilings and is classified as Class B. The available space includes a mezzanine level with two large executive offices and a conference room, in addition to a ground floor featuring one large office and three additional offices or production rooms. A private kitchenette and restroom are included. The flexible layout allows for adaptation to various business needs. The lot size is substantial at 25,032 square feet, and the property is zoned CCM1 within Los Angeles County. While there are no elevators, the building's two stories offer a unique and functional layout. This is an ideal space for a creative business seeking a vibrant and well-located office in Culver City.

• CAP approach

  CAP return

  Valuation

  6%

  $482,139

  6.5%

  $445,051

  7%

  $413,262

• Comparable approach

  Method

  Valuation

  Relative Method

  $542,458

  Geo Method

  $542,458

• Alternative Use

  Use

  Valuation

  Residential

  $375,417

  Hospitality

  $343,880

  Educational

  $286,104

  Medical

  $295,944

  Retail

  $445,051

Location Insight

City

Culver City

County

Los Angeles

State

California

Latitude

34.0331

Longitude

-118.374

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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