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$ 3,050,000
Est. payment | /mo
$ 3,050,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25565647
HOA Y/N No
Year Built 1924
Tax Year 2025
Property Description
Prime Westside asset situated on the western border of Culver City and vibrant Marina del Rey, this high-exposure commercial property presents a rare opportunity for investors, developers, and owner-users alike. Currently 100% leased under an Absolute NNN structure, the property delivers $221,400 in Net Operating Income (NOI) annually, offering passive, worry-free income with zero landlord responsibilities and a very attracive 6.35% Cap Rate. This stable income stream is backed by long-term tenancy and a premier location along the high-traffic Washington Blvd corridor.
Location
State CA
County Los Angeles
Area C12 - Marina Del Rey
Zoning CCS3*
Interior
Heating Central
Fireplace No
Others
Tax ID 4230003001
Acceptable Financing Contract
Listing Terms Contract
Financing Cash
Special Listing Condition Standard
Listed by Marv Peters Park Hills Heights Realty Group