Vinny Jain Of Ingenious Asset Group, Inc Facilitates $2.85M Sale Of Mixed-Use Property On Culver Blvd In Culver City
SOLD
$2,850,000
California
See Similar DealsMixed-use5,140 SF
Sold 01/18/2023
SOLD
Vinny Jain Of Ingenious Asset Group, Inc Facilitates $2.85M Sale Of Mixed-Use Property On Culver Blvd In Culver City
10600 Culver Boulevard
See Similar DealsMixed-use5,140 SF
Sold 01/18/2023
Summary
CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$554
Total Square Footage:5,140 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$151,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,125.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,510.45
Annual Debt Service$162,125.45
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