9190 Los Angeles, CA $ 6,500,000
9190
$ 6,500,000
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9190

Los Angeles, CA, 90034
$ 6,500,000
Baths0.0 Sq 14,448

Monthly Estimate*

$ 45,404

Listed by Ingenious Asset Group, Inc.
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Studio

Commercial Property for sale in Los Angeles, CA

for $6,500,000. This 14,448 square foot building was built in 1932 on a lot size of 0.3153.

Trust Sale. Court confirmation MAY be required. If required, sale will be subject to overbidding in Court. Two adjoined commercial/office/mixed use buildings on Exposition Blvd./Venice Blvd., zoned HJ (EC). For sale after 46 years! In the heart of bustling Culver City and Palms/Mar Vista, next to Metro line. Building 1: 9190 & 9200 Exposition Blvd. (APN # 4313-021-036) is a 2 story bldg., built in 1932, with 8 recording studios on the 1st floor made in the last 5 years, without permits. The 2nd floor has a 2 bedroom apartment, and large open space for warehouse/storage/some offices. Potential to convert the 2nd floor to creative office spaces. Building 2: 9214 Exposition Blvd. (APN # 4313-021-035) is a single story building, built in 1922, with 7 sound studios and office space. Excellent income potential. Both buildings are currently vacant and will be delivered vacant at close of escrow. Environmental Phase I (completed July 2023), and Phase II (completed Oct. 2023), concluded no issues discovered and no further assessment is warranted. Both properties are to be sold together to one buyer. Minutes away from I-10, public transportation, shopping centers, restaurants, and recreation. Sold AS IS and WHERE IS. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Neither Seller nor Broker/Agents guarantee the accuracy of the square footage, lot size, permits or other information concerning the conditions or features of the Property. Buyer is advised to independently verify the accuracy of all information through personal inspections and with the appropriate professionals. Seller is an independent fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations, and assume all responsibilities.

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Commercial Active

Price

$ 6,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.3153

Year Built

1932

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24369499

Days on Market

41

Features
General
Heating Central
Roof Flat RolledHotMop
Zoning HJ (EC)
HOA 0.0
Security Features FireSprinklerSystem SmokeDetectors
Construction Materials Frame Stucco
Year Built 1932
County Los Angeles
Net Operating Income 444847.0
Insurance Expense 6500.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Possible Use Industrial
Garage Y/N N
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions Just South of Santa Monica Fwy (I-10) and North of Venice Blvd
City Los Angeles
Disclosures TrustConservatorship
View Y/N N
Senior Community Y/N N
MLS Area C09 - Beverlywood Vicinity
Lot Size Square Feet 13736.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Exposition
Listing Terms Cash
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 11400.0
Home Warranty Y/N N
Trash Expense 5400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 18
Standard Status Active
Cap Rate 6.84
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Exterior
Lot Features CornerLot IrregularLot NearPublicTransit StreetLevel
Water Source Public
Total Parking 6.0
Lot Size Area 13736.0
Number of Buildings 2
Spa N
Building Area Total 14448.0
Lot Size Acres 0.3153
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Boulevard
Laundry Features None
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 9190
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* Excluded Features
List By
Ingenious Asset Group, Inc.

Broker

(310) 207-2288

Phone

Affordability Calculator

$45,404
Per Month
100%
0%
0%
Monthly Principal & Interest
$45,404
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2024$6,500,000 Listed Price

Map


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9190, Los Angeles, CA, 90034 is a Commercial Property for sale at $6,500,000 with 14,448 sqft and a lot size of 0.3153. 9190 is a studio with 0.0 baths and was built in 1932. The property's zip code is 90034 which is in Los Angeles, CA