3050 La Cienega BlvdCulver City, CA 90232
- Office properties
- 787 SF
Property Details for 3050 La Cienega Blvd
- Year built
- 1954
- Construction
- WOOD
- Lot size
- 0.08 AC
- Property size (Sq ft)
- 787 SF
- Zone code
- CCM1*
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 4205-002-025
- APU
- 4205002025
Description
This exceptional 3,575-square-foot retail space, located at 3050 S. La Cienega Boulevard in Culver City, California (zip code 90232), presents a unique opportunity for a restaurant or cafe. The property is a single-tenant building offering a versatile layout ideal for a variety of culinary concepts. The first floor boasts approximately 1,317 square feet of interior space, complemented by inviting outdoor areas. A sizable front patio provides approximately 752 square feet of al fresco dining potential, while a rear patio adds another 601 square feet of outdoor space. For added versatility, a second-floor interior space and roof deck offer an additional 905 square feet, potentially suitable for private dining, office space, or storage. The entire building comprises approximately 3,575 square feet of rentable space, currently vacant and ready for immediate occupancy. This prime location in Culver City offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a thriving market. The property's address is 3050 S La Cienega Blvd, Culver City, CA 90232.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $228,025
- 6.5%
- $210,485
- 7%
- $195,450
-
Comparable approach
- Method
- Valuation
- Relative Method
- $149,656
- Geo Method
- $149,656
-
Alternative Use
- Use
- Valuation
- Residential
- $261,001
- Hospitality
- $239,076
- Educational
- $198,908
- Medical
- $205,749
- Retail
- $309,413
Location Insight
- City
- Culver City
- County
- Los Angeles
- State
- California
- Latitude
- 34.0309
- Longitude
- -118.372
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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