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5872 Smiley Dr 6,878 SF Office Building Culver City, CA 90232 $4,900,000 ($712.42/SF)
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Investment Highlights
- 5872 Smiley Drive presents for sale a 6,878-square-foot standalone creative office single-tenant building, ideal for an owner/user.
- Enjoy the rooftop dock, enclosed patio for indoor/outdoor flow, perimeter offices and conference rooms built to spec, and a best-in-class kitchenette.
- Industrial conversion asset with 18-foot ceilings, polished concrete floors, skylights, and custom steel windows and doors fabricated in LA.
- Join a brimming professional hub with nearby corporate neighbors such as Apple, Microsoft, Altruist, HBO, Amazon, Netflix, and Nike.
- Easily access amenities with around 25 restaurants, multiple fitness centers, Whole Foods, a UPS Store, and a transit stop within a 15-minute walk.
Executive Summary
5872 Smiley Drive presents a rare opportunity to acquire a fully renovated, standalone creative office building in the heart of Culver City, California. Designed for the discerning owner/user, this 6,878-square-foot property blends industrial character with high-end finishes, offering a turnkey solution in one of Los Angeles’ most dynamic submarkets.
This creative office building was newly converted in 2023, using many locally made materials in Los Angeles. Its past life as an industrial building left generously high 18-foot ceilings and two stories. It has an elegant industrial-chic aura with an exposed block wall, a steel/wood mezzanine, skylights, and polished concrete floors. Perimeter offices and conference rooms surround an open work area and kitchen. Tenants can also take full advantage of Los Angeles County’s gorgeous weather from the patio or rooftop deck. Enhanced security is provided by a newly installed latch system, enabling secure keyless access and greater peace of mind.
This Culver City, California, location is highly accessible, offering convenient proximity to the Metro Expo Line and direct connectivity to the Santa Monica Freeway, supporting efficient commutes throughout Los Angeles. The surrounding area continues to evolve as a vibrant live-work-play environment, with a short walk leading to a growing collection of new West Adams restaurants, cafés, and neighborhood favorites that add daily convenience and lifestyle appeal. Just a few blocks away, the highly anticipated Cumulus development is set to transform the district with over 50,000 square feet of new retail and dining offerings, anchored by the largest Whole Foods in the Los Angeles area, further enhancing the area’s amenities and long-term desirability.
This creative office building was newly converted in 2023, using many locally made materials in Los Angeles. Its past life as an industrial building left generously high 18-foot ceilings and two stories. It has an elegant industrial-chic aura with an exposed block wall, a steel/wood mezzanine, skylights, and polished concrete floors. Perimeter offices and conference rooms surround an open work area and kitchen. Tenants can also take full advantage of Los Angeles County’s gorgeous weather from the patio or rooftop deck. Enhanced security is provided by a newly installed latch system, enabling secure keyless access and greater peace of mind.
This Culver City, California, location is highly accessible, offering convenient proximity to the Metro Expo Line and direct connectivity to the Santa Monica Freeway, supporting efficient commutes throughout Los Angeles. The surrounding area continues to evolve as a vibrant live-work-play environment, with a short walk leading to a growing collection of new West Adams restaurants, cafés, and neighborhood favorites that add daily convenience and lifestyle appeal. Just a few blocks away, the highly anticipated Cumulus development is set to transform the district with over 50,000 square feet of new retail and dining offerings, anchored by the largest Whole Foods in the Los Angeles area, further enhancing the area’s amenities and long-term desirability.
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
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| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
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| Annual Per SF | - |
| Total Expenses | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
6,878 SF
Building Class
B
Year Built
2023
Price
$4,900,000
Price Per SF
$712.42
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,439 SF
Slab To Slab
11’
Building FAR
1.75
Lot Size
0.09 AC
Zoning
MU-2 - Mixed Use
Parking
4 Spaces (0.58 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Skylights
- Kitchen
- Roof Terrace
- Storage Space
- Partitioned Offices
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
New perimeter offices and conference rooms built on spec with a best-in-class kitchenette and restrooms. Steel windows and doors are fabricated in LA using the highest design and material standards.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 6,878 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 6,878 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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1st Floor
| Size | 6,878 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
New perimeter offices and conference rooms built on spec with a best-in-class kitchenette and restrooms. Steel windows and doors are fabricated in LA using the highest design and material standards.
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
70/100
About Culver City Office
The Culver City area has evolved in recent years into one of the most attractive locations for office workers and residents in Greater Los Angeles. Downtown Culver forms the hub of the area, with a plethora of appealing retailers and restaurants. Much of the office inventory in Culver City comprises industrial conversions and purpose-built creative office, the type of office space that has proven very popular in recent years with tenants in many markets throughout the country.
Some of the region’s most innovative business are home to the area. Tech and creative firms dominate the tenant roster. The famed Culver Studios as well as Sony Pictures have long had a dominating presence in the city. More recently, Amazon, Apple and Warner Media have committed to the area during the past several years for their bases of operations in Los Angeles. Additionally, startups make up a significant portion of tenancy.
Culver City offers office tenants a central location in Greater Los Angeles that allows employers to pull talented employees from many directions. The Metro Expo Line, which connects Culver City to Santa Monica and Downtown Los Angeles, increasingly drives companies to locate in the submarket. Additionally, the soon to complete Metro Crenshaw Line will provide excellent access to South Los Angeles as well as the South Bay.
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
34,042
325,715
972,567
2025 Population
35,004
326,051
978,237
Population Growth '20-'25
2.8%
0.1%
0.6%
2020 Households
12,256
139,718
413,547
2025 Households
12,362
138,522
414,230
Household Growth '20-'25
0.9%
-0.9%
0.2%
Average Age
40
41
41
Median Household Income
$93,107
$99,100
$88,914
Daytime Employees
20,180
183,313
635,478
Total Businesses
2,438
28,225
84,542
College Degree + Higher
34%
48%
45%
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| El Rio Bravo Restaurant | Mexican | $ | 6 min walk |
| Brunello Trattoria | Italian | $$ | 6 min walk |
| JNJ Burger & Bar-B-Q | - | - | 7 min walk |
| Starbucks | Cafe | $ | 8 min walk |
| Industry Cafe & Jazz | Cafe | $$ | 7 min walk |
| Subway | - | - | 10 min walk |
| Alteno Sports Bar | Mexican | $ | 11 min walk |
| Pizza Hut | - | - | 13 min walk |
| Starbucks | Cafe | $ | 13 min walk |
| Chick-Fil-A | - | - | 13 min walk |
Retail |
||
|---|---|---|
| ampm | Convenience Market | 4 min walk |
| Whole Foods Market | Supermarket | 7 min walk |
| See's Candies | Candy/Nuts | 10 min walk |
| Target | Dept Store | 13 min walk |
| 7-Eleven | Convenience Market | 14 min walk |
Hotels |
|
|---|---|
| Destination by Hyatt |
148 rooms
3 min drive
|
| AC Hotels by Marriott |
176 rooms
7 min drive
|
| Kimpton |
74 rooms
7 min drive
|
| Luxury Collection |
297 rooms
8 min drive
|
| Marriott |
260 rooms
8 min drive
|
| Best Western |
58 rooms
8 min drive
|
Property Taxes
| Parcel Number | 4205-003-041 | Improvements Assessment | $448,392 |
| Land Assessment | $2,187,291 | Total Assessment | $2,635,683 |
Property Taxes
Parcel Number
4205-003-041
Land Assessment
$2,187,291
Improvements Assessment
$448,392
Total Assessment
$2,635,683
Sale Advisors
Sale Advisors
Scott Rigsby, Founding Partner
Scott Rigsby is a founding partner of Industry Partners, an entrepreneurial real estate services firm specializing in the representation of landlords, tenants and developers with a particular focus on creative work environments and adaptive reuse projects in West Los Angeles. Previously, he was vice president of Lee& Associates/West Los Angeles. One of Lee & Associates top-ranked producers, he was responsible for closing over a million square feet of creative office space transactions in West Los Angeles for media and tech clients, as well as retail. Scott offers extensive office and creative space experience, in addition to expertise in the areas of development, design and space planning.
Scott graduated from the University of Arizona with a degree in Finance. Scott currently lives in the Pacific Palisades and has two children.
Scott graduated from the University of Arizona with a degree in Finance. Scott currently lives in the Pacific Palisades and has two children.
Jim Jacobsen, Founder & Partner
Jim Jacobsen is the founding partner at Industry Partners, where he leads and oversees the company’s landlord and tenant services, as well as the company’s operating partner functions in conjunction with institutional investors and pension funds. Since starting the firm in 2011, Industry Partners has risen to become a top performing company, highly specialized in the development and leasing of quality creative office space in Los Angeles. Jim is an early adopter and advocate of sustainable development and adaptive reuse, and has played a leading role in the sale and repurposing of millions of square feet of classic industrial and warehouse buildings. As a result of his client-focused commitment, he has maintained long-term relationships with companies such as The Lionstone Group, J.J. Abrams, Jerry Bruckheimer, POP Sound, Imagines Films and The Mill. Jim received his BA from the University of California, Los Angeles. He is a member of LACRA, the Santa Monica Conservancy, City of Hope, Los Angeles County Museum of Art, the Hammer Museum and Oceana North America.
Jim received his BA from the University of California at Los Angeles and lives in the Brentwood neighborhood with his wife Dana and their son.
Jim received his BA from the University of California at Los Angeles and lives in the Brentwood neighborhood with his wife Dana and their son.
Elliot Schwartz, Associate
Elliot Schwartz is a born and raised Angelino with nearly a decade in commercial real estate servicing landlords and tenants with a focus on the westside of Los Angeles. When it comes to westside specialization in retail and office properties, Elliot Schwartz is a proven professional with extensive knowledge of the unique marketplace. He also has had his hand in many multi-family deals. His marketing capabilities and communication skills allow him to connect to clients and investors, bridging relationships and developing opportunities. Schwartz debuted at Marcus & Millichap, routinely showing clients his commitment to being the best source of information in his unique marketplace. He achieved the distinguished Pacesetter Award which is given to outstanding new agents that meet a certain threshold. In 2019, he achieved a Sales Recognition Award. Now his skill set aids Industry Partners.
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