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Washington Grandview Building 12211 W Washington Blvd 24,938 SF 76% Leased Office Building Los Angeles, CA 90066 For Sale
INVESTMENT HIGHLIGHTS
- PRIME WESTSIDE LOCATION WITH EXCEPTIONAL DEMOGRAPHICS
- CULVER CITY VS. LOS ANGELES TRANSFER TAX ADVANTAGE
- EXCEPTIONAL 1031 EXCHANGE OPPORTUNITY
- DYNAMIC AND WALKABLE LOCATION
- ABOVE-MARKET PARKING RATIO
- OWNER/USER WITH INCOME
EXECUTIVE SUMMARY
Cushman & Wakefield U.S, Inc., as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 12211 W Washington Blvd - an exceptional investment opportunity in Culver City.
RARE - SCALE AND PARKING ADVANTAGE
Spanning ~25,000 square feet on a high-visibility corner site along the desirable Washington Boulevard corridor, this asset showcases rate scale in a supply-constrained submarket. With 75 secured surface parking spaces, the property offers a parking ratio in excess of 3:1, standing out from surrounding buildings in the parking constrained submarket.
PROVEN MARKETABILITY AND IN PLACE CASH FLOW
The building is currently configured into five individual suites, with footprints ranging from ±2,500 to nearly 10,000 square feet. The asset’s ground-floor frontage, corner location, and ample parking stalls provide excellent visibility and optionality for creative office or quasi-retail uses. Four of these five suites (76%) are currently leased, with multiple leases at the site having been executed in the post-pandemic environment, illustrating how the asset’s flexibility and desirable location have allowed it to thrive in a unprecedentedly challenged office market. The combination of ground-floor vacancy and in-place cash flow enables investors to pursue a business plan focused on converting vacancy into a quasi-retail use, activating the street, and laying the foundation for a flexible mark-to-market strategy.
BUILT IN FLEXIBILITY WITH OWNER-USER UPSIDE
Over 15,000 SF of the building (~62%) is currently available, offering investors immediate flexibility to implement a strategic business plan. For owner-users, this increased availability opens the opportunity to pursue SBA financing on the building while concurrently benefiting from income generated by the in-place leases.
CULVER CITY TAX ADVANTAGES
The property’s Culver City address provides meaningful financial advantages, including exemption from Los Angeles’ Measure ULA transfer tax and substantially lower gross receipts and business tax rates compared to the City of Los Angeles, reducing operating costs and improving long-term yield for investors.
EXCEPTIONAL DEMOGRAPHICS AMONG COVETED NEIGHBORHOODS
The location is surrounded by some of West Los Angeles’s most desirable neighborhoods, such as Culver City, Mar Vista, and Venice, with more than three million people living within a twelve mile radius of the site and fifty-eight percent of these households earning over six figures annually. As a result, the building is proximate to an active mix of dining, fitness, and lifestyle amenities, with tenants and visitors able to enjoy dinner at Hatchet Hall, socializing across the street at The Alibi Room, tacos at Pacos Tacos, or a coffee at Menottis, all within a short walk.
12211 W Washington Blvd represents a rare opportunity to own a highly visible, well-located asset in one of West Los Angeles’ most dynamic corridors. With strong in-place income, additional value-add potential through repositioning and lease-up, and the potential for an owner-user to immediately occupy upwards of 50% of the building, the property provides unique flexibility for both income-focused investors and owner-users seeking expansion or a relocation opportunity.
RARE - SCALE AND PARKING ADVANTAGE
Spanning ~25,000 square feet on a high-visibility corner site along the desirable Washington Boulevard corridor, this asset showcases rate scale in a supply-constrained submarket. With 75 secured surface parking spaces, the property offers a parking ratio in excess of 3:1, standing out from surrounding buildings in the parking constrained submarket.
PROVEN MARKETABILITY AND IN PLACE CASH FLOW
The building is currently configured into five individual suites, with footprints ranging from ±2,500 to nearly 10,000 square feet. The asset’s ground-floor frontage, corner location, and ample parking stalls provide excellent visibility and optionality for creative office or quasi-retail uses. Four of these five suites (76%) are currently leased, with multiple leases at the site having been executed in the post-pandemic environment, illustrating how the asset’s flexibility and desirable location have allowed it to thrive in a unprecedentedly challenged office market. The combination of ground-floor vacancy and in-place cash flow enables investors to pursue a business plan focused on converting vacancy into a quasi-retail use, activating the street, and laying the foundation for a flexible mark-to-market strategy.
BUILT IN FLEXIBILITY WITH OWNER-USER UPSIDE
Over 15,000 SF of the building (~62%) is currently available, offering investors immediate flexibility to implement a strategic business plan. For owner-users, this increased availability opens the opportunity to pursue SBA financing on the building while concurrently benefiting from income generated by the in-place leases.
CULVER CITY TAX ADVANTAGES
The property’s Culver City address provides meaningful financial advantages, including exemption from Los Angeles’ Measure ULA transfer tax and substantially lower gross receipts and business tax rates compared to the City of Los Angeles, reducing operating costs and improving long-term yield for investors.
EXCEPTIONAL DEMOGRAPHICS AMONG COVETED NEIGHBORHOODS
The location is surrounded by some of West Los Angeles’s most desirable neighborhoods, such as Culver City, Mar Vista, and Venice, with more than three million people living within a twelve mile radius of the site and fifty-eight percent of these households earning over six figures annually. As a result, the building is proximate to an active mix of dining, fitness, and lifestyle amenities, with tenants and visitors able to enjoy dinner at Hatchet Hall, socializing across the street at The Alibi Room, tacos at Pacos Tacos, or a coffee at Menottis, all within a short walk.
12211 W Washington Blvd represents a rare opportunity to own a highly visible, well-located asset in one of West Los Angeles’ most dynamic corridors. With strong in-place income, additional value-add potential through repositioning and lease-up, and the potential for an owner-user to immediately occupy upwards of 50% of the building, the property provides unique flexibility for both income-focused investors and owner-users seeking expansion or a relocation opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
24,938 SF
Building Class
B
Year Built/Renovated
1971/1998
Percent Leased
76%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,469 SF
Building FAR
0.60
Lot Size
0.96 AC
Zoning
CCC3* - Commercial
Parking
75 Spaces (3.01 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- This Bar Saves Lives
- -
- -
- -
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Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| This Bar Saves Lives | - | - | - | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 110 | 2,655 SF | Office | - | Jan 2026 |
| 1st Fl-Ste 120 | 6,055 SF | Office/Retail | - | Now |
1st Fl-Ste 110
| Size |
| 2,655 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Jan 2026 |
1st Fl-Ste 120
| Size |
| 6,055 SF |
| Space Use |
| Office/Retail |
| Condition |
| - |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 110
| Size | 2,655 SF |
| Space Use | Office |
| Condition | - |
| Available | Jan 2026 |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 120
| Size | 6,055 SF |
| Space Use | Office/Retail |
| Condition | - |
| Available | Now |
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,145,222 | |
| Land Assessment | $5,081,172 | Total Assessment | $7,226,394 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,081,172
Improvements Assessment
$2,145,222
Total Assessment
$7,226,394
CONTACTS
-
Michael Condon Jr. -
Josh Bernstein -
Erica Finck -
Reid Gratsch -
Kylie Rawn -
Whitney Jones -
Cushman & Wakefield
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Washington Grandview Building | 12211 W Washington Blvd
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