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5830 Uplander Way

Mitchell Hersch Sells Office Asset In Culver City For $8.75M With Jared Swedelson As Seller's Representative
SOLDIndustrial

Mitchell Hersch Sells Office Asset In Culver City For $8.75M With Jared Swedelson As Seller's Representative

5830 Uplander Way

$8,750,000

$661/SF

Building Size

13,237 SF

Asset Type

Industrial

Closing

Mar 31, 2026

AI

The property involved in this transaction is an office asset located at 5830 Uplander Way in Culver City. The sale took place at a price of $8,750,000, with a square footage of 13,237, resulting in a price per square foot of $661.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $8,750,000
  • Address: 5830 Uplander Way
  • Market: Culver City
  • Seller: Mitchell Hersch
  • Seller's Representative: Jared Swedelson - NAI Capital

This transaction highlights the role of Mitchell Hersch as the seller and Jared Swedelson from NAI Capital as the representative facilitating the deal. Their involvement indicates a structured negotiation process that led to the successful closing of the sale.

Players

Jared Swedelson

NAI Global

Broker

$119.2M

vol

18 deals

Broker

Culver City Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.81%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93