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4520 Sepulveda Boulevard
Culver City, CA 90230

$17,500,000 
  • -- Beds
  • -- Baths
  • 22,500 sqft
  • Commercial | Retail
  • Active
4520 Sepulveda Boulevard, Culver City - 566536037
4520 Sepulveda Boulevard, Culver City - 566536038
4520 Sepulveda Boulevard, Culver City - 566536039
4520 Sepulveda Boulevard, Culver City - 566536040
4520 Sepulveda Boulevard, Culver City - 566536041
4520 Sepulveda Boulevard, Culver City - 566536042

Property Description for 4520 Sepulveda Boulevard, Culver City CA 90230

Apex Properties is pleased to present this extremely rare opportunity to acquire a 100% Fee-Simple Interest in a single Tenant Pep Boys property with 86,050 sq ft of land in Culver City. Pep Boys signed a ground lease for the entire property in 1995 which expires in 2026. There will be a 12% increase in base rent in 2021. The Tenant also has (2) 5 year options to extend the terms of the lease with a 12% increase at each executed option. At 1.97 acres of land with Commercial Zoning, this property has strong future development potential of commercial or residential units. Please feel free to contact us with any inquiries!

  • Property Class: Commercial Sale
  • Listing Status: Active
  • City: Culver City
  • State: CA
  • Zip: 90230
  • Area: C28 - Culver City
  • County: Los Angeles
  • Class: Commercial
  • Property Subtype: Retail
  • Stories: 1
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Living Area (SqFt): 22,500 sqft
  • Lot Sq Ft Apx: 86051.00
  • Year Built: 1995
  • Listing#: DW18200111
  • Parcel Number: 4215007019
  • List Date: 8/13/2018
  • Last updated on: 4/23/2019

Property Features for 4520 Sepulveda Boulevard, Culver City CA 90230

  • Year Built: 1995
  • Zoning: CG
  • Lot Desc: Lot Over 40000 Sqft, Lot Shape-Rectangular, Lot-Level/Flat, Paved, Value In Land

Additional Information for 4520 Sepulveda Boulevard, Culver City CA 90230

  • Development Status: Existing
  • Gross Building Area: 22500.00
  • Net Income: 341975.00
Courtesy of Eric Mandell, Apex Properties
Copyright 2019, California Regional Multiple Listing Service, Inc.. All Rights Reserved.
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.