INVESTMENT PROPERTY FOR SALE 11955 W WASHINGTON BOULEVARD CULVER CITY, CALIFORNIA 30 UNIT MIXED-USE BUILDING WITH ±8,665 GROUND FLOOR RETAIL Presented by TABLE OF CONTENTS Executive Summary EXCLUSIVE LISTING AGENTS Investment Strategy Floor Plans Duncan Lemmon Site Plan Principal Underground Parking Lic. 00857008 Level 2 +1 310 899 2733 Level 3
[email protected] Building Photos Parcel Map Richard DeGirolamo Demographics Associate Regional Map Lic. 02041817 Area Overview +1 310 899 2731 Culver City
[email protected] LA Tech and Start-Up Community The Rise of Silicon Beach Local Mixed-Use Develpments Culver City Tenants Playa Vista Tenants Marina/Venice Tenants City Transit Map Financial Overview Income and Expenses Commercial Rent Roll Residential Rent Roll Market Comparables Map of Residential Rental Properties Residential Rental Properties Sold Multi-Family Properties Business Disclosure & Confidentiality Agreement Presented by INVESTMENT STRATEGY For the investor, The Oliver is extremely well located on a major commercial corridor between Culver City and West Los Angeles within 3 miles to beaches, 5 miles to the Los Angeles International Airport (LAX) and a short distance to freeway access via the I-405 San Diego Freeway, 90 Marina Freeway, I-10 Santa Monica Freeway, and the 1 Pacific Coast Highway. The surrounding area includes world renowned Marina Del Rey, Playa Vista & Venice. The Oliver is a brand new mixed-use development completed and leased in 2016. All leases are at or below market rate as Culver City offers no rent control. The 30 units (24-2BR and 6-1BR) were architecturally designed for comfort and lifestyle with 9 foot high ceilings, operable windows, functional patio decks and high quality finishes throughout.