9190 Exposition Dr, Los Angeles, CA 90034
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9190 Exposition Dr Los Angeles, CA 90034

$6,500,000
  • -- Beds
  • -- Baths
  • 14,448 Sq.Ft.
For Sale
$6,500,000 Get Pre-Qualified

Map preview of 9190 Exposition Dr, Los Angeles, CA 90034

Property Overview: 9190 Exposition Dr Los Angeles, CA has -- bedrooms, -- bathrooms, 14,448 living square feet and 13,736 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Vineendra Jain | BRE #01413466 | Ingenious Asset Group, Inc.
Last checked: 9 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 38
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Home details

Lot Sq. Ft
13,736
HOA Dues
$0/mo
Year built
1932
Garage
--
Property Type:
Other
Status
Active
MLS#
24369499
City
Los Angeles
County
Los Angeles
Time on Site
44 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.84%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $49,300
  • Net Operating Income: $444,847
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $11,400
  • Trash: $5,400
  • Insurance: $6,500
  • Maintenance: $11,832
  • Other Expenses: $7,116

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Property Details for 9190 Exposition Dr

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Interior Features
  • Security Features: Fire Sprinkler System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Flat, Rolled/Hot Mop
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Corner Lot, Near Public Transit, Irregular Lot, Level with Street
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 4313021036
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Just South of Santa Monica Fwy (I-10) and North of Venice Blvd
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Sale History for 9190 Exposition Dr

Last sold for $155,000 on April 21st, 1994
  • March, 2024

  • Mar 18, 2024

    Date

    Active

    CRMLS: 24369499

    $6,500,000

    Price

  • April, 1994

  • Apr 21, 1994

    Date

    Sold (Public Records)

    Public Records

    $155,000

    Price

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Tax History for 9190 Exposition Dr

Assessed Value (2020): $240,867
Year Land Value Improved Value Assessed Value
2020 $233,110 $7,757 $240,867

Home Value Compared to the Market

This property vs the competition

9190 Exposition Dr is listed 430.61% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $449.89 per/sqft which puts the price per square foot 41.87% lower than the median price per square foot for the city of Los Angeles.

About 9190 Exposition Dr

Detailed summary of property

9190 Exposition Dr is a other located in Los Angeles, CA 90034 and is currently for sale. This property offers -- bedrooms, -- bathrooms, roughly 14,448 living square feet, and sits on an approximately 13,736 square foot lot. 9190 Exposition Dr was first listed on ArdentRealEstateGroup.com on March 18, 2024. The homeowner is currently asking $6,500,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 430.61% higher than the median priced home. Local competing homes currently for sale include 544 N Rimsdale Ave, 417 Main St and 452 Victoria St. While the average home in Los Angeles, CA is selling in 96 days, 9190 Exposition Dr has a days on market of 38 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 9190 Exposition Dr Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 9190 Exposition Dr

Public county record property details
Beds
--
Baths
--
Year built
1932
Sq. Ft.
9,808
Lot Size
6,664
Stories
1
Type
Kennel
Pool
No
Spa
No
County
Los Angeles
Lot#
45,49
APN
4313-021-036

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,899,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$1,785,000
Median Sold Price/Sq.Ft.
$1,017
Total Inventory
45
Median Sale to List Price %
99.17%
Avg Days on Market
18
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.