Updated Dec 21, 2023
Viceroy Realty Facilitates $5M Multifamily Sale On Venice Blvd
10800 Venice Boulevard, Culver City, California 90232, United States
$5,000,000
$702/SF
Building Size
7,114 SF
Asset Type
MultiFamily
Closing
Apr 8, 2021
About this deal
AI
The multifamily property located at 10800 Venice Blvd. in Mar Vista has been sold in a recent transaction. The property consists of 18 units, with a price per unit of $277,777. The total square footage of the property is 7,114, resulting in a price per square foot of $702. The sale price for the property was $5,000,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,000,000
- Units: 18 ~ PPU: $277,777
- SF: 7,114 ~ PPSF: $702
The seller of the property was Joseph Hantman. The transaction was facilitated by Mohamed Hassam of Viceroy Realty, who represented the seller in the deal.
On the Map
$5,000,000
$702/SF
MultiFamily
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Culver City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93