Property Detail

Description

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.