$2,450,000
$2,500,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
6,751 Sqft Lot
SOLD DATE : 12/22/2015
Key Details
Sold Price $2,450,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB15244650
Sold Date 12/22/15
HOA Y/N No
Year Built 1948
Lot Size 6,751 Sqft
Property Description
The subject property is a 2,940 square foot single story commercial building built in 1948 and situated on 3 lots totaling 6,749 square feet. Construction is concrete block and the present user is a single tenant, Citizennet. The tenant pays rent of $7,200 and is on a short term lease that expires 3/31/2016. The lease is modified gross with landlord paying property taxes and insurance. The current tenant has 30+ employees and uses paved portion of the vacant parcels for parking approximately 12 vehicles.
The subject property is located within The Culver City Arts District which encompasses more than 35 contemporary art galleries, 25 boutique and design retailers and 17 specialty restaurants and coffee bars. It is also home to creative enterprises such as architecture, advertising, culinary arts, post production and interior design. Located on Washington Boulevard between Helms and Fairfax Avenues as well as La Cienega Blvd. between Venice and Fairfax Avenue it is easily accessible by both the Culver City and La Cienega Expo Stations. There are also hi-tech and start up companies in the immediate area as well as Sony Studios and the Helms Bakery building which has an array of award winning restaurants within a pedestrian oriented walk street.
Location
State CA
County Los Angeles
Area C28 - Culver City
Zoning CCC3YY
Interior
Fireplace No
Building
Lot Description Lawn, Level, Paved
Water Public
Others
Tax ID 4205017016
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Stephen Lampe • RE/MAX Commercial & Inv Realty
GET MORE INFORMATION
Realtor® | Lic# 01332311