Matthew Greensly Acquires Culver City Office Building For $2M

The property involved in this closed transaction is an office located at 11214 Washington Place in Culver City. The property spans 2,816 square feet. It was sold for a sale price of $2,000,000, with an asking price of $1,950,000. The price per square foot is $710.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $2,000,000
• Address: 11214 Washington Place, Culver City
• Market: Culver City

The buyer in this transaction is Matthew Greensly, and the seller is Robert Waldgreen. The brokers involved in the deal are Fred Nabati and Michael Davoodpour from Trimax Realty & Loan.

The client, Matthew Greensly, was referred to Trimax after encountering difficulties in finding a property and navigating the SBA loan process. The client expressed a goal of acquiring a property for their business. Trimax Realty & Loan worked diligently to find the right property and communicate with multiple lenders and the SBA to provide the client with various options. Despite a multiple offer situation, Trimax Realty & Loan was able to secure the deal and help the client obtain this well-located property in Culver City.

Trimax Realty & Loan also secured a favorable loan for the client, with a fixed rate of 5.05% and a 25-year term. The loan does not have a pre-payment penalty. The brokers, Fred Nabati and Michael Davoodpour, can be contacted at 424-704-3373 or 424-222-9456 for individuals interested in similar opportunities.