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Washington Grandview Building 12211 W Washington Blvd 24 938 pi² 76% Loué Bureau Immeuble Los Angeles, CA 90066 À vendre
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- PRIME WESTSIDE LOCATION WITH EXCEPTIONAL DEMOGRAPHICS
- CULVER CITY VS. LOS ANGELES TRANSFER TAX ADVANTAGE
- EXCEPTIONAL 1031 EXCHANGE OPPORTUNITY
- DYNAMIC AND WALKABLE LOCATION
- ABOVE-MARKET PARKING RATIO
- OWNER/USER WITH INCOME
RÉSUMÉ DE L'ANNONCE
Cushman & Wakefield U.S, Inc., as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 12211 W Washington Blvd - an exceptional investment opportunity in Culver City.
RARE - SCALE AND PARKING ADVANTAGE
Spanning ~25,000 square feet on a high-visibility corner site along the desirable Washington Boulevard corridor, this asset showcases rate scale in a supply-constrained submarket. With 75 secured surface parking spaces, the property offers a parking ratio in excess of 3:1, standing out from surrounding buildings in the parking constrained submarket.
PROVEN MARKETABILITY AND IN PLACE CASH FLOW
The building is currently configured into five individual suites, with footprints ranging from ±2,500 to nearly 10,000 square feet. The asset’s ground-floor frontage, corner location, and ample parking stalls provide excellent visibility and optionality for creative office or quasi-retail uses. Four of these five suites (76%) are currently leased, with multiple leases at the site having been executed in the post-pandemic environment, illustrating how the asset’s flexibility and desirable location have allowed it to thrive in a unprecedentedly challenged office market. The combination of ground-floor vacancy and in-place cash flow enables investors to pursue a business plan focused on converting vacancy into a quasi-retail use, activating the street, and laying the foundation for a flexible mark-to-market strategy.
BUILT IN FLEXIBILITY WITH OWNER-USER UPSIDE
Over 15,000 SF of the building (~62%) is currently available, offering investors immediate flexibility to implement a strategic business plan. For owner-users, this increased availability opens the opportunity to pursue SBA financing on the building while concurrently benefiting from income generated by the in-place leases.
CULVER CITY TAX ADVANTAGES
The property’s Culver City address provides meaningful financial advantages, including exemption from Los Angeles’ Measure ULA transfer tax and substantially lower gross receipts and business tax rates compared to the City of Los Angeles, reducing operating costs and improving long-term yield for investors.
EXCEPTIONAL DEMOGRAPHICS AMONG COVETED NEIGHBORHOODS
The location is surrounded by some of West Los Angeles’s most desirable neighborhoods, such as Culver City, Mar Vista, and Venice, with more than three million people living within a twelve mile radius of the site and fifty-eight percent of these households earning over six figures annually. As a result, the building is proximate to an active mix of dining, fitness, and lifestyle amenities, with tenants and visitors able to enjoy dinner at Hatchet Hall, socializing across the street at The Alibi Room, tacos at Pacos Tacos, or a coffee at Menottis, all within a short walk.
12211 W Washington Blvd represents a rare opportunity to own a highly visible, well-located asset in one of West Los Angeles’ most dynamic corridors. With strong in-place income, additional value-add potential through repositioning and lease-up, and the potential for an owner-user to immediately occupy upwards of 50% of the building, the property provides unique flexibility for both income-focused investors and owner-users seeking expansion or a relocation opportunity.
RARE - SCALE AND PARKING ADVANTAGE
Spanning ~25,000 square feet on a high-visibility corner site along the desirable Washington Boulevard corridor, this asset showcases rate scale in a supply-constrained submarket. With 75 secured surface parking spaces, the property offers a parking ratio in excess of 3:1, standing out from surrounding buildings in the parking constrained submarket.
PROVEN MARKETABILITY AND IN PLACE CASH FLOW
The building is currently configured into five individual suites, with footprints ranging from ±2,500 to nearly 10,000 square feet. The asset’s ground-floor frontage, corner location, and ample parking stalls provide excellent visibility and optionality for creative office or quasi-retail uses. Four of these five suites (76%) are currently leased, with multiple leases at the site having been executed in the post-pandemic environment, illustrating how the asset’s flexibility and desirable location have allowed it to thrive in a unprecedentedly challenged office market. The combination of ground-floor vacancy and in-place cash flow enables investors to pursue a business plan focused on converting vacancy into a quasi-retail use, activating the street, and laying the foundation for a flexible mark-to-market strategy.
BUILT IN FLEXIBILITY WITH OWNER-USER UPSIDE
Over 15,000 SF of the building (~62%) is currently available, offering investors immediate flexibility to implement a strategic business plan. For owner-users, this increased availability opens the opportunity to pursue SBA financing on the building while concurrently benefiting from income generated by the in-place leases.
CULVER CITY TAX ADVANTAGES
The property’s Culver City address provides meaningful financial advantages, including exemption from Los Angeles’ Measure ULA transfer tax and substantially lower gross receipts and business tax rates compared to the City of Los Angeles, reducing operating costs and improving long-term yield for investors.
EXCEPTIONAL DEMOGRAPHICS AMONG COVETED NEIGHBORHOODS
The location is surrounded by some of West Los Angeles’s most desirable neighborhoods, such as Culver City, Mar Vista, and Venice, with more than three million people living within a twelve mile radius of the site and fifty-eight percent of these households earning over six figures annually. As a result, the building is proximate to an active mix of dining, fitness, and lifestyle amenities, with tenants and visitors able to enjoy dinner at Hatchet Hall, socializing across the street at The Alibi Room, tacos at Pacos Tacos, or a coffee at Menottis, all within a short walk.
12211 W Washington Blvd represents a rare opportunity to own a highly visible, well-located asset in one of West Los Angeles’ most dynamic corridors. With strong in-place income, additional value-add potential through repositioning and lease-up, and the potential for an owner-user to immediately occupy upwards of 50% of the building, the property provides unique flexibility for both income-focused investors and owner-users seeking expansion or a relocation opportunity.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
24 938 pi²
Classe d’immeuble
B
Année de construction/rénovation
1971/1998
Pourcentage loué
76%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
12 469 pi²
Coefficient d’occupation des sols de l’immeuble
0,60
Taille du lot
0,96 AC
Zonage
CCC3* - Commerciale
Stationnement
75 places (3,01 places par 1 000 pi² loué)
PRINCIPAUX LOCATAIRES Cliquez ici pour accéder à
- LOCATAIRE
- SECTEUR
- pi² OCCUPÉ
- LOYER/pi²
- TYPE DE BAIL
- FIN DU BAIL
- This Bar Saves Lives
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Lorem Ipsum
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Jan 0000
| LOCATAIRE | SECTEUR | pi² OCCUPÉ | LOYER/pi² | TYPE DE BAIL | FIN DU BAIL | |
| This Bar Saves Lives | - | - | - | Lorem Ipsum | Jan 0000 |
DISPONIBILITÉ DES ESPACES
- ESPACE
- TAILLE
- UTILISATION DE L’ESPACE
- ÉTAT
- DISPONIBLE
| Espace | Taille | Utilisation de l’espace | État | Disponible |
| 1er Ét.-ste 110 | 2 655 pi² | Bureau | - | Janv. 2026 |
| 1er Ét.-ste 120 | 6 055 pi² | Bureau/Commerce de détail | - | Maintenant |
1er Ét.-ste 110
| Taille |
| 2 655 pi² |
| Utilisation de l’espace |
| Bureau |
| État |
| - |
| Disponible |
| Janv. 2026 |
1er Ét.-ste 120
| Taille |
| 6 055 pi² |
| Utilisation de l’espace |
| Bureau/Commerce de détail |
| État |
| - |
| Disponible |
| Maintenant |
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1er Ét.-ste 110
| Taille | 2 655 pi² |
| Utilisation de l’espace | Bureau |
| État | - |
| Disponible | Janv. 2026 |
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| Taille | 6 055 pi² |
| Utilisation de l’espace | Bureau/Commerce de détail |
| État | - |
| Disponible | Maintenant |
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Walk Score®
Un paradis pour un marcheur (90)
Bike Score®
Très cyclable (87)
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 2 996 661 $ CAD | |
| Évaluation du terrain | 7 097 889 $ CAD | Évaluation totale | 10 094 550 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
7 097 889 $ CAD
Évaluation des bâtiments
2 996 661 $ CAD
Évaluation totale
10 094 550 $ CAD
CONTACTS
-
Michael Condon Jr. -
Josh Bernstein -
Erica Finck -
Reid Gratsch -
Kylie Rawn -
Whitney Jones -
Cushman & Wakefield
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Washington Grandview Building | 12211 W Washington Blvd
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