Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    9190 Exposition Drive, Los Angeles, CA 90034
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    9190 Exposition Drive
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    • MLS#: 25486225 ( )
    • Street Address: 9190 Exposition Drive
    • Viewed: 1
    • Price: $4,995,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1932
    • Bldg sqft: 0
    • Days On Market: 17
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90034
    • Provided by: Ingenious Asset Group, Inc.
    • Contact: Vineendra Vineendra
    • DMCA Notice
    • Description
      Probate Sale. Subject to Court confirmation and overbidding in Court. Property is being sold AS IS and WHERE IS without warranty expressed or implied. Both properties need to be sold together to one buyer. 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. Minutes away from I 10, public transportation, shopping centers, restaurants, and recreation. 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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    Features
    Accountingtype
    1. ProForma
    Assetclass
    1. Specialty
    2. Office
    3. Industrial
    Building Area Total
    1. 14448.00
    Construction Materials
    1. Frame
    2. Stucco
    Country
    1. US
    Electric Expense
    1. 11400.00
    Expense Year
    1. 2024
    Heating
    1. Central
    Industrialtype
    1. Warehouse/Office
    Insurance Expense
    1. 6500.00
    Land Use
    1. Industrial
    2. Office
    Laundry Features
    1. None
    Netoperatingincome
    1. 461778.00
    Otherexpense
    1. 7116.00
    Parcel Master
    1. 4313-021-035 & 4313-02...
    Parcel Number
    1. 4313021036
    Postalcodeplus4
    1. 3321
    Roof
    1. Flat
    2. Rolled/Hot Mop
    Security Features
    1. Smoke Detector(s)
    2. Fire Sprinkler System
    Totalexpenses
    1. 100242.00
    Trash Expense
    1. 5400.00
    Water Source
    1. Public
    Year Built
    1. 1932
    Zoning
    1. HJ (EC)
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836