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32003561
32003560

4234-4238 Sepulveda Blvd, Culver City, CA 90230 For Sale

DM
CA CA - 01029938
CBRE - Downtown Los Angeles
DD
CA 02210049
CBRE - Downtown Los Angeles
GK
CA CA 02109645
SM
CA 02224981
CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles
$6,184,500
81 days on market
Updated 75 days ago

4234-4238 Sepulveda Blvd

Details
APN 4213-014-040
Property Type Retail, Mixed Use
Sub Type Storefront, Shopping Center
Square Footage 3,822
Occupancy 100%
Tenancy Multi
Year Built 1984
Lot Size (SqFt) 8,246
Zoning C-G
Investment Type Redevelopment

Retail | 3,822 SqFt

Marketing description

CBRE is pleased to present the outstanding opportunity to acquire the fee simple interest at 4234-4238 Sepulveda Blvd. Located in one of the most desirable neighborhoods in Los Angeles with direct access to the 405 freeway. This multi-tenant property boasts unparalleled upside in a corridor with national credit brands and LA's best local favorites. Just minutes from Downtown Culver City, Culver Hotel, Sony Pictures animation, Culver Studios, and numerous art galleries, retailers and restaurants. Near new Apple and Amazon office projects. High demand area with strong demographics and low vacancy. The property itself consists of 8,246 Sf of land which allows for multifamily and mixed-use, with 15 Buildable apartments. This timely opportunity provides an incoming investor the option to acquire a well-positioned asset in a high traffic and high-income neighborhood.

Culver City is a thriving city in the heart of Los Angeles and has experienced a remarkable revival, transforming into a bustling urban center. This revitalization, coupled with an influx of businesses, arts, and entertainment, has firmly established downtown Culver City as a soughtafter destination. The neighborhood’s downtown area, featuring art galleries, theaters, and diverse culinary offerings, has become a cultural and gastronomic hub in recent years. The resurrection of Culver City is a testament to its resurgence and vibrant renaissance, drawing visitors and locals alike. Culver City’s diverse geography, comprising neighborhoods, commercial areas, and studios, adds to its unique allure. Situated near Playa Vista, Inglewood, and Los Angeles International Airport, the city serves as a strategic hub for residents and businesses. Each neighborhood, such as Sony Pictures Studios, Amazon Studios, and Metro, exudes its unique character and charm. The eclectic mix of neighborhoods, amenities, and attractions creates a vibrant and dynamic living environment in Culver City. This blend of diversity and charm contributes to the city’s appeal and makes it an attractive place to live. Culver City’s prime location has magnetized various businesses, fueling rapid economic growth and creating abundant job opportunities, making it a desirable professional hub. The thriving economy offers diverse employment prospects, attracting many skill sets. The city’s economy has experienced significant growth, contributing to its status as an economic powerhouse. Culver City’s economy continues to flourish, drawing in businesses and professionals alike, further solidifying its position as a lucrative business center. This dynamic landscape fosters a prosperous community, reflecting the city’s resilience and vibrant economy. Culver City’s economic foundation is bolstered by the presence of established employers, contributing to the city’s overall prosperity and development.

Investment highlights

  • The property allows for multifamily and mixed-use, with 15 Buildable apartments.
  • Strong surrounding tenants such as Starbucks, 7-Eleven, McDonald’s, Target, and more.
  • Close proximity to the Westfield Culver City Shopping Mall, Downtown Culver City, and LAX.
  • Direct Access to 405 freeway.
  • Located along a dense retail corridor that sees over 50,000 vehicles per day.
  • Affulent area - Average household income is over $115,000 in 1-mile radius.
  • High population density – Over 110,000 people in 3-mile radius and over 320,000 people in 5-mile radius.

Listing Contacts

DM
CA CA - 01029938
CBRE - Downtown Los Angeles
DD
CA 02210049
CBRE - Downtown Los Angeles
GK
CA CA 02109645
SM
CA 02224981
CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles

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Additional Information

Name
Derrick Moore
License
CA - 01029938
Brokerage
CBRE
Title
Senior Vice President
Name
Diandra Dillon
License
02210049
Brokerage Phone
2136133222
Name
Grant Korn
License
CA 02109645
Brokerage
CBRE
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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