13470 Washington BlvdMarina del Rey, CA 90292

Property Details for 13470 Washington Blvd

Year built

1980

Construction

WOOD

Lot size

0.09 AC

Property size (Sq ft)

13,163 SF

Zone code

CCC3YY

Property type

Office buildings

APN

4230-003-070

APU

4230003070

Description

This exceptional creative office space, located at 13470 W Washington Blvd in the vibrant Marina Del Rey/Venice submarket of Culver City, California, presents a unique investment opportunity. The property, a Class B building constructed in 1980, boasts a total of 13,163 square feet spread across three stories. Currently, there are 1,889 square feet of vacant space available, offering flexibility for various business needs, with additional space potentially available. The building features one elevator for convenient access to all floors. Ample parking is provided with 27 spaces. The property is zoned CG and has a Los Angeles County APN of 4230003070. Its prime location near Lincoln Blvd in the Marina Del Rey submarket cluster offers excellent visibility and accessibility. The building is ideal for businesses seeking a creative and functional workspace in a highly desirable location. The multiple tenancy structure provides opportunities for diverse businesses to coexist. This single-building property offers a compelling combination of size, location, and amenities, making it an attractive option for businesses seeking a well-established presence in the thriving Marina Del Rey area. The zip code is 90292.

• CAP approach

  CAP return

  Valuation

  6%

  $3,041,044

  6.5%

  $2,807,118

  7%

  $2,606,610

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,503,076

  Geo Method

  $2,503,076

• Alternative Use

  Use

  Valuation

  Residential

  $3,480,826

  Hospitality

  $3,188,418

  Educational

  $2,652,726

  Medical

  $2,743,958

  Retail

  $4,126,464

Location Insight

City

Marina Del Rey

County

Los Angeles

State

California

Latitude

33.9908

Longitude

-118.447

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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