5592 Sepulveda BlvdCulver City, CA 90230

  • Retail properties
  • 2,993 SF
For Lease

Property Details for 5592 Sepulveda Blvd

Year built
1996
Construction
TILT-UP CONCRETE
Lot size
0.26 AC
Property size (Sq ft)
2,993 SF
Zone code
CCC3*
Property type
Retail properties
Property subtype
Retail space
APN
4203-021-048
APU
4203021048

Description

This exceptional 2,933-square-foot retail property, located at 5592 Sepulveda Boulevard in Culver City, California, presents a unique opportunity for discerning businesses. Situated on a 0.26-acre lot (11,291 square feet), this single-tenant building offers unparalleled visibility and accessibility. Built in 1996, the property boasts ample parking with 12 spaces available. The building is entirely vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The zoning designation is CG, offering flexibility for a variety of retail uses. The property's location in Los Angeles County, with a Culver City address and 90230 zip code, ensures high foot traffic and convenient access for customers. The absence of elevators is noted. This prime retail location is ideal for businesses seeking high visibility and a strong presence in a thriving commercial area. The property's size and location make it particularly well-suited for a bank or other retailers requiring significant street frontage and ample space. The APN is 4203021048.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,016,464
    6.5%
    $938,274
    7%
    $871,255
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,434,255
    Geo Method
    $1,434,255
  • Alternative Use

    Use
    Valuation
    Residential
    $791,470
    Hospitality
    $724,982
    Educational
    $603,176
    Medical
    $623,920
    Retail
    $938,274
5592 Sepulveda Blvd, Culver City, California

Location Insight

City
Culver City
County
Los Angeles
State
California
Latitude
33.9908
Longitude
-118.395
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$32,907
$2,222,168
$557,134
$2,779,302
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