2723-2727 S La Cienega Blvd - Flex FOR SALE


Los Angeles, CA 90034- Palms
$22,000,000 USD
310-550-2537
2723-2727 S La Cienega Blvd, Los Angeles, CA for Sale
$22,000,000 USD
Flex - FOR SALE
1/8
null | Request Cap Rate

2723-2727 S La Cienega Blvd
Los Angeles, CA 90034
Palms


OVERVIEW

In the heart of Culver City’s most coveted gallery row, an unparalleled opportunity has emerged at 2727 S. La Cienega Boulevard. Designed by renowned architects, Escher Gunewardena and Landscape Architect Judy Kameon of Elsian Landscapes, 2727 S. La Cienega Boulevard for many years has served as the distinguished home of Blum Gallery, a testament to its prime location and exceptional design. This offering is more than just a property; it’s a state-of-theart gallery facility, thoughtfully complemented by modern office spaces, embodying sophistication and functionality in one of Los Angeles’ most vibrant cultural epicenters. Its established presence and prime frontage on La Cienega underscore its significance within the burgeoning arts community, making it a landmark acquisition for those who understand true value. The property is comprised of a 22,127 SF (per BOMA 2024 Gross) stand-alone creative art gallery building on 17,366 SF of land plus an adjacent parking lot consisting of 16,101 SF of land for a total of 33,467 SF of land and includes an additional parking lot across the street at 2615 Alvira Street consisting of 5,082 SF of land.

FOR SALE DETAILS

PRICE

$22,000,000 USD

PRICE/SF

$815 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.5

LAND SF

65,362

ZONING

LACM

APN/PARCEL ID

5065-004-025,5065-004-028,5065-005-017

ASK ABOUT THIS PROPERTY

Jeff PionCBRE, Inc.More Info
310-550-2537

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Jeff PionCBRE, Inc.More Info
310-550-2537

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.