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11737-11739 W Washington Blvd 5,431 SF 100% Leased Retail Building Los Angeles, CA 90066 $3,650,000 ($672.07/SF) 5.99% Cap Rate



Investment Highlights
- Rare 6.0% Cap Rate on Westside
- Premier Tenant Roster
- Turnkey Investment
Executive Summary
Exceptional opportunity to acquire a 100% leased mixed-use
office and retail investment in one of Los Angeles' most desirable
Westside locations. Offering a rare 6.0% capitalization rate west of
the 405 Freeway, the property provides stable, long-term cash flow
with an outstanding roster of established tenants.
The tenant mix includes a James Beard Award-winning bakery and
chef, a nationally recognized high-end landscape architecture and
design firm, and a private, world-famous tattoo studio, creating a
unique collection of destination businesses with strong customer
loyalty.
The property has been extensively renovated, featuring significant
upgrades to the building systems and infrastructure, reducing
near-term capital expenditures while enhancing long-term
ownership value.
Ideally situated along the highly desirable West Washington
Boulevard corridor, the property benefits from exceptional
accessibility and visibility. Conveniently located between Culver
City, Venice, Marina del Rey, and Playa Vista, with immediate
access to the 405 Freeway, the location serves one of the
Westside's most affluent and densely populated trade areas.
Surrounded by high-income residential neighborhoods, creative
office campuses, and continued residential and commercial
development, this is a rare opportunity to acquire a stabilized,
trophy-quality investment in a premier West Los Angeles market
with durable long-term fundamentals.
office and retail investment in one of Los Angeles' most desirable
Westside locations. Offering a rare 6.0% capitalization rate west of
the 405 Freeway, the property provides stable, long-term cash flow
with an outstanding roster of established tenants.
The tenant mix includes a James Beard Award-winning bakery and
chef, a nationally recognized high-end landscape architecture and
design firm, and a private, world-famous tattoo studio, creating a
unique collection of destination businesses with strong customer
loyalty.
The property has been extensively renovated, featuring significant
upgrades to the building systems and infrastructure, reducing
near-term capital expenditures while enhancing long-term
ownership value.
Ideally situated along the highly desirable West Washington
Boulevard corridor, the property benefits from exceptional
accessibility and visibility. Conveniently located between Culver
City, Venice, Marina del Rey, and Playa Vista, with immediate
access to the 405 Freeway, the location serves one of the
Westside's most affluent and densely populated trade areas.
Surrounded by high-income residential neighborhoods, creative
office campuses, and continued residential and commercial
development, this is a rare opportunity to acquire a stabilized,
trophy-quality investment in a premier West Los Angeles market
with durable long-term fundamentals.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$247,104
|
$45.50
|
| Other Income |
$54,228
|
$9.98
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$301,332
|
$55.48
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$82,930
|
$15.27
|
| Net Operating Income |
$218,402
|
$40.21
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $247,104 |
| Annual Per SF | $45.50 |
| Other Income | |
|---|---|
| Annual | $54,228 |
| Annual Per SF | $9.98 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $301,332 |
| Annual Per SF | $55.48 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $82,930 |
| Annual Per SF | $15.27 |
| Net Operating Income | |
|---|---|
| Annual | $218,402 |
| Annual Per SF | $40.21 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
5,431 SF
Building Class
C
Year Built/Renovated
1927/2004
Price
$3,650,000
Price Per SF
$672.07
Cap Rate
5.99%
NOI
$218,738
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.13 AC
Zoning
MUC - Mixed Use Corridor. Please confirm with Culver City.
Parking
10 Spaces (1.84 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Fenced Lot
- Restaurant
- Skylights
- Storage Space
- Air Conditioning
- Balcony
- Cafe
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Fat + Flour
- Retailer
- 1,490 SF
- -
- Triple Net
- -
- Liliput Inc
- Services
- 3,342 SF
- -
- Double Net
- -
- ST Tattoo Private Art Studio
- Arts, Entertainment, and Recreation
- 600 SF
- -
- Modified Gross
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Fat + Flour | Retailer | 1,490 SF | - | Triple Net | - | |
| Liliput Inc | Services | 3,342 SF | - | Double Net | - | |
| ST Tattoo Private Art Studio | Arts, Entertainment, and Recreation | 600 SF | - | Modified Gross | - |
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4233-012-016 | Improvements Assessment | $318,362 |
| Land Assessment | $3,077,503 | Total Assessment | $3,395,865 |
Property Taxes
Parcel Number
4233-012-016
Land Assessment
$3,077,503
Improvements Assessment
$318,362
Total Assessment
$3,395,865
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Contact the Sale Advisor
11737-11739 W Washington Blvd
