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12903 W Washington Blvd
Los Angeles, CA 90066
Retail Property For Sale
Investment Highlights
- 3 Parcels designated by L.A
Executive Summary
CBRE Inc., is pleased to offer for sale 12903 West Washington Boulevard, an exceptional
development site with short term income in place. 12903 W. Washington is located in
Culver City but maintains a City of Los Angeles, 90066 mailing address and zip code.
offering overview
The property offering consists of 3 parcels of land on the northwest corner of W. Washington Boulevard
and Beethoven Street measured at approximately 13,273 SF (0.31 AC). The existing tenant has operated
an independent car rental business on the site for over 20 years and is currently a month to month tenant.
12903 W Washington Boulevard offers its purchaser an excellent development opportunity with no long
term lease in place and month to month income during the developmental planning and approval phases
development site with short term income in place. 12903 W. Washington is located in
Culver City but maintains a City of Los Angeles, 90066 mailing address and zip code.
offering overview
The property offering consists of 3 parcels of land on the northwest corner of W. Washington Boulevard
and Beethoven Street measured at approximately 13,273 SF (0.31 AC). The existing tenant has operated
an independent car rental business on the site for over 20 years and is currently a month to month tenant.
12903 W Washington Boulevard offers its purchaser an excellent development opportunity with no long
term lease in place and month to month income during the developmental planning and approval phases
Property Facts In Escrow
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,032 SF
Building Class
C
Year Built
1960
Price
$4,599,436 CAD
Price Per SF
$4,456.82 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.25 AC
Zoning
CCC3* - Culver City Planning
Parking
27 Spaces (26.16 Spaces per 1,000 SF Leased)
Frontage
71’ on Beethoven Street
Amenities
- Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 4236-022-033 | Improvements Assessment | $91,107 CAD |
| Land Assessment | $919,999 CAD | Total Assessment | $1,011,106 CAD |
Property Taxes
Parcel Number
4236-022-033
Land Assessment
$919,999 CAD
Improvements Assessment
$91,107 CAD
Total Assessment
$1,011,106 CAD
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