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Investment Highlights

  • Great space for production
  • Freestanding retail building on a prominent corner lot with excellent frontage along Washington Boulevard.
  • On-site parking for approximately six vehicles
  • Recently renovated interior and exterior, featuring a flexible layout with additional outdoor area.
  • Has storage space

Executive Summary

Positioned on a prominent corner in Culver City’s vibrant Arts District, this single-story retail property offers exceptional visibility along Washington Boulevard. The building encompasses 2,000 square feet of renovated interior space complemented by an additional 400-square-foot outdoor area, on about 4,300-square-foot lot. Recently upgraded, the property maintains a modern appeal while preserving its architectural character, creating an ideal platform for an owner-user or investor.
The site benefits from secure, fenced frontage along Fay Avenue and dedicated on-site parking — a valuable advantage in this high-demand corridor. The property is fully leased to a production company, creating an income stream for buyers interested in a stable, short-term tenancy with future repositioning potential. Zoned CC C3YY for community commercial use, this parcel allows flexible adaptation for retail, studio, showroom, or creative office purposes.
Located just four blocks from the Helms Bakery District and minutes from Downtown Culver City, tenants enjoy immediate access to celebrated dining, entertainment hubs, and pedestrian-oriented amenities. Furthermore, the asset is adjacent to the rapidly evolving Ivy Station development and major employment centers including studio campuses for Sony Pictures, Apple, Amazon, and HBO. Exceptional walkability, proximity to the Metro Expo Line, and convenient freeway access enhance connectivity to Downtown Los Angeles, Westside neighborhoods, and LAX.

Property Facts

Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,000 SF
Building Class
C
Year Built/Renovated
1947/2021
Price
$5,861,604 CAD
Price Per SF
$2,930.80 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.10 AC
Zoning
CC C3YY - Community Commercial
Parking
6 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
117’ on Fay Ave

Amenities

  • Corner Lot
  • Fenced Lot
  • Storage Space
  • Air Conditioning
Moderately walkable
70/100
Very drivable
80/100
Exceptional public transit
90/100
Very bikeable
80/100

Nearby Major Retailers

Orangetheory Fitness
Whole Foods Market
Wells Fargo
Bank of Montreal
Jinya Ramen Bar
Starbucks
Sprouts Farmers Market
Toyota
Sweetfin
Yoga Six

Property Taxes

Property Taxes

Parcel Number
4205-014-011
Land Assessment
$315,171 CAD
Improvements Assessment
$105,045 CAD
Total Assessment
$420,217 CAD
  • Listing ID: 34049888

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 8534 Washington Blvd, Culver City, CA 90232

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