6001 Washington BlvdCulver City, CA 90034

  • Parking lots & garages
  • 5,950 SF
For Lease
$40.80/SF/YR View listing

Property Details for 6001 Washington Blvd

Year built
1994
Lot size
0.13 AC
Property size (Sq ft)
5,950 SF
Zone code
CMR3YY
Property type
Parking lots & garages
APN
6334-022-010
APU
6334022010

Description

This exceptional Class A retail space, located at 6001 Washington Blvd in the vibrant Culver City submarket of Los Angeles, CA 90034, presents a unique opportunity for a restaurant or café. Currently available as a sublease, this single-tenancy property boasts a fully built-out interior, ready for immediate occupancy. The space is in excellent condition and features a complete kitchen, private restrooms, ample freezer space, and secure storage, making it a truly "plug and play" operation. Central air conditioning ensures year-round comfort. The property includes a Type 41 alcohol license (Beer & Wine), streamlining the permitting process for prospective tenants. This is a second-generation restaurant space, meaning significant build-out costs have already been incurred. The property is situated in the desirable Culver City submarket, offering high visibility and access to a thriving customer base. Key money is required. This is an ideal opportunity for an established restaurant looking to expand or a new concept seeking a turnkey location in a prime Los Angeles market. The property's address is 6001 Washington Blvd, Los Angeles, CA 90034. Latitude and longitude coordinates are 34.0320508, -118.3763764 respectively.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,512,751
    6.5%
    $2,319,463
    7%
    $2,153,787
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,851,259
    Geo Method
    $2,851,259
  • Alternative Use

    Use
    Valuation
    Residential
    $1,956,554
    Hospitality
    $1,792,192
    Educational
    $1,491,083
    Medical
    $1,542,364
    Retail
    $2,319,463

Location Insight

City
Commerce
County
Los Angeles
State
California
Latitude
33.9973
Longitude
-118.15
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
$3,825
$286,526
$11,672
$298,198
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-
-
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