8548 Washington BLVD Culver City, CA 90232

The subject property is a 2,940 square foot single story commercial building built in 1948 and situated on 3 lots totaling 6,749 square feet. Construction is concrete block and the present user is a single tenant, Citizennet. The tenant pays rent of $7,200 and is on a short term lease that expires 3/31/2016. The lease is modified gross with landlord paying property taxes and insurance. The current tenant has 30+ employees and uses paved portion of the vacant parcels for parking approximately 12 vehicles.

The subject property is located within The Culver City Arts District which encompasses more than 35 contemporary art galleries, 25 boutique and design retailers and 17 specialty restaurants and coffee bars. It is also home to creative enterprises such as architecture, advertising, culinary arts, post production and interior design. Located on Washington Boulevard between Helms and Fairfax Avenues as well as La Cienega Blvd. between Venice and Fairfax Avenue it is easily accessible by both the Culver City and La Cienega Expo Stations. There are also hi-tech and start up companies in the immediate area as well as Sony Studios and the Helms Bakery building which has an array of award winning restaurants within a pedestrian oriented walk street.