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10351 Washington Boulevard

Trevor Belden Of Industry Partners Represents Buyer In $8 Million Culver City Office Sale
SOLDOffice

Trevor Belden Of Industry Partners Represents Buyer In $8 Million Culver City Office Sale

10351 Washington Boulevard

$8,000,000

$831/SF

Building Size

9,618 SF

Asset Type

Office

Closing

May 15, 2025

AI

The asset involved in this transaction is an office property located at 10351 Washington Boulevard in Culver City. The sale price was $8,000,000, covering a total square footage of 9,618, which translates to a price per square foot of $831.

Summary of transaction details:

The transaction highlights the collaborative efforts of the representatives. Trevor Belden represented the buyer, while the seller was represented by a team from Lee & Associates, including Aleks Trifunovic, Keith Fielding, Tibor Lody, and Tom Isola, showcasing a comprehensive representation from both sides in this successful deal.

Players

Aleks Trifunovic

Lee & Associates

Broker

$114M

vol

6 deals

Broker
Industry Partners
Industry PartnersBrokerage

Culver City Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93