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9432 Venice Blvd
Culver City, CA 90232 Palms

$11,950,000 USD

Medical For Sale  •  10,032 SF

Property Details

  • Property Type Medical
  • Total Building Size 10,032 SF
  • Lot Size 0.52 AC
  • Building Class C
  • Year Built 1948
  • Cap Rate 5.77 %
  • Tenancy Single
  • Zoning Tier 2 TOIA Zone
100 Transit Score
70 Walk Score

Highlights

Prime location in the heart of Downtown Culver City, walking distance to Main Street.
Fully leased to a national healthcare tenant (Fresenius Medical Care)
Tier 2 TOIA Zone, Transit Oriented Incentive Area (TOIA).
Tier 2 TOIA Zone, Transit Oriented Incentive Area (TOIA).
Positioned in a mixed-use zoning area with potential redevelopment upside
Close to major transportation routes and within a vibrant commercial district

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $689,000 USD (2027)
Cap Rate: 5.77 %

Major Tenants

Tenant SF Occupied Lease End Date
Fresenius Medical Care 10,032 SF 1/31/2027

Amenities

  • 24 Hour Access

Public Transportation

Transit/SubwayDriveWalkDistance
Culver City (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 10 min 0.5 mi
Palms (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 14 min 0.8 mi
AirportDriveWalkDistance
Los Angeles International 15 min - 7.2 mi
Bob Hope 32 min - 15.7 mi
Long Beach (Daugherty Field) 34 min - 24.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Francyne Lambert 310-720-9299 Lambert Investments Inc
Francyne Lambert 310-720-9299 Lambert Investments Inc