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10600 Culver Boulevard

Vinny Jain Of Ingenious Asset Group, Inc Facilitates $2.85M Sale Of Mixed-Use Property On Culver Blvd In Culver City
SOLDMixed-use

Vinny Jain Of Ingenious Asset Group, Inc Facilitates $2.85M Sale Of Mixed-Use Property On Culver Blvd In Culver City

10600 Culver Boulevard

$2,850,000

$554/SF

Building Size

5,140 SF

Asset Type

Mixed-use

Closing

Jan 18, 2023

AI

The mixed-use property located at 10600 Culver Blvd in Culver City has been sold for a total price of $2,850,000. The property spans across 5,140 square feet, resulting in a price per square foot of $554.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $2,850,000
  • Address: 10600 Culver Blvd
  • Market: Culver City

Vinny Jain from Ingenious Asset Group, Inc represented the seller, Daniel G. Danison, in this transaction.

Players

Vinny Jain

Ingenious Asset Group

Broker

$51.4M

vol

15 deals

Broker

Daniel G. Danison

Living Trust

Seller

$4.9M

vol

2 deals

Seller

Culver City 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

5.57%

Cash-on-Cash

-1.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93