Alexander Sachs's 75 Green LLC Acquires Office Building In Culver City For $8.25M
5875 Green Valley Circle
$8,250,000
$620/SF
Building Size
13,302 SF
Asset Type
Office
Closing
Aug 26, 2022
AI
Located in Culver City, the office property at 5875 Green Valley Cir has been sold in a recent transaction. The property spans a total area of 13,302 square feet and was sold for a price of $8,250,000, resulting in a price per square foot of $620.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $8,250,000
- Address: 5875 Green Valley Cir
- Market: Culver City
The buyer, Alexander Sachs, represented by 75 Green LLC, acquired the property from the seller, Horace Clark of HPC III Properties. The sale was facilitated by a team of brokers including Connor Sears, Jake Zacuto, and Jackie Lubrano from Zacuto Group, along with TC Macker from WESTMAC Commercial Brokerage Company.
Players
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
1.92%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93