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Washington Grandview Building 12211 W Washington Blvd Bureau 2 317 m² 76 % Loué À vendre Los Angeles, CA 90066
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR 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 ANALYTIQUE
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.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement ou propriétaire occupant
Type de bien
Bureau
Surface de l’immeuble
2 317 m²
Classe d’immeuble
B
Année de construction/rénovation
1971/1998
Pourcentage loué
76 %
Occupation
Multi
Hauteur du bâtiment
2 étages
Surface type par étage
1 158 m²
Coefficient d’occupation des sols de l’immeuble
0,60
Surface du lot
0,39 ha
Zonage
CCC3* - Commercial
Stationnement
75 places (32,37 places par 1 000 m² loué)
PRINCIPAUX OCCUPANTS Cliquez ici pour accéder à
- OCCUPANT
- SECTEUR D’ACTIVITÉ
- m² OCCUPÉS
- LOYER/m²
- TYPE DE BAIL
- FIN DU BAIL
- This Bar Saves Lives
- -
- -
- -
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Lorem Ipsum
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Jan 0000
| OCCUPANT | SECTEUR D’ACTIVITÉ | m² OCCUPÉS | LOYER/m² | TYPE DE BAIL | FIN DU BAIL | |
| This Bar Saves Lives | - | - | - | Lorem Ipsum | Jan 0000 |
DISPONIBILITÉ DE L’ESPACE
- ESPACE
- SURFACE
- TYPE DE BIEN
- ÉTAT
- DISPONIBLE
| Espace | Surface | Type de bien | État | Disponible |
| 1er Ét.-bureau 110 | 247 m² | Bureau | - | Janv. 2026 |
| 1er Ét.-bureau 120 | 563 m² | Bureaux/Local commercial | - | Maintenant |
1er Ét.-bureau 110
| Surface |
| 247 m² |
| Type de bien |
| Bureau |
| État |
| - |
| Disponible |
| Janv. 2026 |
1er Ét.-bureau 120
| Surface |
| 563 m² |
| Type de bien |
| Bureaux/Local commercial |
| État |
| - |
| Disponible |
| Maintenant |
1 sur 1
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
1er Ét.-bureau 110
| Surface | 247 m² |
| Type de bien | Bureau |
| État | - |
| Disponible | Janv. 2026 |
1 sur 1
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
1er Ét.-bureau 120
| Surface | 563 m² |
| Type de bien | Bureaux/Local commercial |
| État | - |
| Disponible | Maintenant |
1 1
Walk Score®
Idéal pour les promeneurs (90)
Bike Score®
Très praticable en vélo (87)
TAXES FONCIÈRES
| N° de parcelle | Évaluation des aménagements | 1 827 665 € | |
| Évaluation du terrain | 4 329 006 € | Évaluation totale | 6 156 671 € |
TAXES FONCIÈRES
N° de parcelle
Évaluation du terrain
4 329 006 €
Évaluation des aménagements
1 827 665 €
Évaluation totale
6 156 671 €
CONTACTS
-
Michael Condon Jr. -
Josh Bernstein -
Erica Finck -
Reid Gratsch -
Kylie Rawn -
Whitney Jones -
Cushman & Wakefield
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VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
1 sur 1
Présenté par
Washington Grandview Building | 12211 W Washington Blvd
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