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commercial culver city 8554 Washington Blvd 1,175 SF Retail Building Culver City, CA 90232 $1,685,000 ($1,434.04/SF)
Investment Highlights
- Existing bar use + beer & wine operational history
- Standalone Westside commercial building
- Owner-user / hospitality opportunity
- Month-to-month tenant provides near-term occupancy flexibility
- Rear alley access
- Washington Blvd frontage in Culver City
Executive Summary
8554 Washington Blvd offers the opportunity to acquire a standalone commercial building along the Washington Boulevard corridor in Culver City.
The property is occupied by a bar tenant paying $4,500 per month on a month-to-month basis.
The building contains approximately 740 SF per title, plus additional non-conforming square footage currently utilized by the tenant.
The property is positioned for a range of potential uses including:
-- owner-user occupancy
-- continued bar operation
-- restaurant or hospitality conversion
-- retail repositioning
The property also benefits from rear alley access, providing operational functionality for hospitality, service, and retail users.
Standalone commercial buildings along Washington Boulevard rarely become available for purchase, particularly for hospitality and owner-user buyers seeking visibility within the Westside.
Located near Downtown Culver City, the Hayden Tract, Sony Studios, Amazon Studios, and other major Westside employment centers, the property benefits from strong street presence within one of the area’s most active commercial corridors.
The property is occupied by a bar tenant paying $4,500 per month on a month-to-month basis.
The building contains approximately 740 SF per title, plus additional non-conforming square footage currently utilized by the tenant.
The property is positioned for a range of potential uses including:
-- owner-user occupancy
-- continued bar operation
-- restaurant or hospitality conversion
-- retail repositioning
The property also benefits from rear alley access, providing operational functionality for hospitality, service, and retail users.
Standalone commercial buildings along Washington Boulevard rarely become available for purchase, particularly for hospitality and owner-user buyers seeking visibility within the Westside.
Located near Downtown Culver City, the Hayden Tract, Sony Studios, Amazon Studios, and other major Westside employment centers, the property benefits from strong street presence within one of the area’s most active commercial corridors.
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Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,175 SF
Building Class
C
Year Built
1926
Price
$1,685,000
Price Per SF
$1,434.04
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.06 AC
Zoning
CCC3YY - Existing commercial building with hospitality/bar use history. Buyer to verify permitted uses, approvals, and zoning requirements independently.
Parking
7 Spaces (5.96 Spaces per 1,000 SF Leased)
Frontage
24’ on Washington Blvd
Amenities
- Bus Line
- Signage
Very walkable
80/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4205-017-014 | Improvements Assessment | $7,521 |
| Land Assessment | $195,878 | Total Assessment | $203,399 |
Property Taxes
Parcel Number
4205-017-014
Land Assessment
$195,878
Improvements Assessment
$7,521
Total Assessment
$203,399
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