Updated Sep 30, 2026
SOLDLand
Stefan Alexis Sells Land In Culver City For $1,900,000 With Cristian Goodson & Jamie Brooks As Buyer's Representatives
11833 Major Street
$1,900,000
Building Size
—
Asset Type
Land
Closing
Sep 18, 2026
About this deal
AI
The transaction involves land located at 11833 Major Street in Culver City. The property was sold for $1,900,000. This deal highlights the value associated with the land asset in this market.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,900,000
- Seller: Stefan Alexis
- Buyer's Representative: Cristian Goodson & Jamie Brooks - CBRE
- Transaction Date: 09/18/2026
Cristian Goodson and Jamie Brooks represented the buyer in this transaction, facilitating the sale on behalf of their client. Their involvement underscores the brokerage activity in the Culver City area regarding land transactions.
On the Map
$1,900,000
Land
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Players
Culver City Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93