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Property profile & analytics
FOR LEASE
Warehouses
5741 Buckingham Pkwy Culver City, CA 90230
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7362770
For Lease
Contact for pricing
5741 Buckingham Pkwy, Culver City, CA 90230
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Property summary
AI-generated overview
This exceptional two-story office and industrial property, located at 5741 Buckingham Parkway in Culver City, California (zip code 90230), offers a total of 27,362 square feet of space. Currently, 5,878 square feet are available for lease, encompassing multiple units ranging from approximately 6,645 to 7,102 square feet. The building boasts a desirable flex space configuration, ideal for a variety of businesses. Each unit features impressive 20-foot ceilings and 100 amps of power. The property is situated in the Westside submarket of Los Angeles, within Los Angeles County. Ample parking is provided with a ratio of 2 spaces per 1,000 square feet. This prime location offers easy access to major transportation routes and amenities. The property is classified as both Office and Industrial, making it a versatile option for businesses seeking a blend of workspace and potential storage or production areas. Interested parties should inquire about lease terms and availability for the currently vacant space.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
TILT-UP CONCRETE
Total area
22,207 SF
Lot
1.44 ac (62,597 SF)
Zoning code
CCC3E*
APN
4203-027-165
UPID
US09-7362770
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.81M
Owner & transaction history
Buckingham Heights Lease LLC · 22 yrs held
Buckingham Heights Lease LLC
since 2003
3 recorded transactions
Zoning & alternative use
CCC3E* · Culver City, CA
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Culver City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Culver City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,585,000
6.5%
$5,155,000
7%
$4,785,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,210,000
Current use
Blend value · Realmo final
$3.81M
Range $3.42M – $4.19M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$171 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$52,191
Tax year 2024
Assessed value
$3,967,649
Assessed 2024
Previous assessed
$3,967,649
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,050,494
Assessed improvement
$2,917,155
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
22,207 SF
Lot
1.44 ac (62,597 SF)
Zoning code
CCC3E*
APN
4203-027-165
UPID
US09-7362770
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCC3E* · Culver City, CAZoning CCC3E* · permitted uses
CCC3E* · Culver City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
map15 zoning
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.2M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Buckingham Heights Lease LLC
Entity
Mailing address
619 N CAMDEN DR, BEVERLY HILLS, CA 90210-3203
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2025
—
Buckingham Heights Lease LLC
—
Deed
related
$8,725,000 · River City Bank
Dec 3, 2003
—
Buckingham Heights Lease LLC
Teachers Insurance & Annuity
Grant Deed
$13,300,000 · Namco Capital Group INC
—
—
Buckingham Heights Lease LLC
—
Deed Of Trust
related
$11,000,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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