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4520 Sepulveda Blvd
Culver City, CA 90230
CALL FOR OFFERS FRIDAY 6/21! · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,500 SF
Building Class
C
Year Built/Renovated
1967/1995
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.97 AC
Zoning
C3 - Regional Commercial Zone intended for a wide range of commercial and professional uses
Parking
104 Spaces (4.62 Spaces per 1,000 SF Leased)
Frontage
250’ on Sepulveda
Amenities
- Metro/Subway
About 4520 SEPULVEDA BLVD , 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 Taxes
| Parcel Numbers | Improvements Assessment | $218,726 | |
| Land Assessment | $10,827,092 | Total Assessment | $11,045,818 |
Property Taxes
Parcel Numbers
Land Assessment
$10,827,092
Improvements Assessment
$218,726
Total Assessment
$11,045,818
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