9432 Venice Blvd - Medical FOR SALE


Culver City, CA 90232
$13,500,000 USD
310-720-9299
9432 Venice Blvd, Culver City, CA for Sale
$13,500,000 USD
Medical - FOR SALE
1/9
null | 3.83% Cap Rate

9432 Venice Blvd
Culver City, CA 90232


HIGHLIGHTS

  • Prime location in the heart of Downtown Culver City, walking distance to Main Street.

OVERVIEW

Can be developed with 10,000 sqft with retail on ground floor & 70 to 75 residential units. Currently leased to Fresenius Medical Care w/ 5 years remaining & 5-year option at market. Tenant has no prop 13 protection. Tenant to pay any increase in property taxes over a base year of $15,125. Brick building seismically retrofitted. Sits in City of Los Angeles zoning requirements. Please see OM & call listing office with any questions.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$1,346 USD /SF

CAP RATE

3.83%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,498 SF

ZONING

MU (EC)

APN/PARCEL ID

4206-028-020

ASK ABOUT THIS PROPERTY

Francyne LambertLambert Investments IncMore Info
310-720-9299

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Francyne LambertLambert Investments IncMore Info
310-720-9299

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.