Updated Sep 19, 2024
Marcus & Millichap Sells MultiFamily In Culver City For $21.6M
5800 Green Valley Cir, Culver City, CA...
$21,600,000
Units
57
Asset Type
MultiFamily
Closing
Sep 5, 2019
About this deal
AI
The Sheffield Apartments is a 57-unit multifamily property located at 5800 Green Valley Cir, Culver City, CA. The property was sold for $21,600,000.00 in the Culver City market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $21,600,000.00
- Seller's Representative: Matthew Kipp-Marcus & Millichap
- Broker: Matt Ziegler-Marcus & Millichap
- Buyer: Unknown
Tyler Leeson, Matt Ziegler, and Matthew Kipp of Marcus & Millichap facilitated the transaction, representing the seller and procuring the unidentified buyer.
The multifamily sale at 5800 Green Valley Cir, Culver City, CA... in Culver City, California sold for $21.6M in 2019. 5800 Green Valley Cir, Culver City, CA... is classified as Multifamily on Traded. Matthew Kipp, Matt Ziegler, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Culver City, California file for the 5800 Green Valley Cir, Culver City, CA... multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Culver City sit in the Market section below. Filter that Culver City multifamily set by closing date to see what else sold near 5800 Green Valley Cir, Culver City, CA... around 2019. Published consideration for 5800 Green Valley Cir, Culver City, CA... is $21.6M, dated 2019. Cite this Marcus & Millichap Sells MultiFamily In Culver City For $21.6M sale when underwriting similar multifamily product around Culver City, California.
On the Map
$21,600,000
MultiFamily
View full map
Players
Culver City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.73%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93