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
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