Updated Dec 21, 2023
Daniel Hirth Acquires Mixed-Use Property In Culver City For $2.75M
10211 Venice Boulevard, Los Angeles, CA, USA
$2,750,000
$543/SF
Building Size
5,060 SF
Asset Type
Mixed-use
Closing
Mar 7, 2019
About this deal
AI
A mixed-use property located at 10211 Venice Blvd in Culver City has been sold. The transaction took place on March 8, 2019, with a sale price of $2.75 million. The property spans 5,060 square feet, resulting in a price per square foot of $543. The deal was facilitated by Daniel Hirth of Hirth Group.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $2.75 million
- Date: 03/08/2019
- Address: 10211 Venice Blvd
- Market: Culver City
- Broker: Daniel Hirth - Hirth Group
- Square footage: 5,060
- Price per square foot: $543
The sale of this mixed-use property highlights the successful collaboration between the buyer and seller, facilitated by Daniel Hirth of the Hirth Group. The transaction signifies a significant investment in Culver City's real estate market and showcases the demand for mixed-use properties in the area.
Players
Los Angeles Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93