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5875 Green Valley Circle

Alexander Sachs's 75 Green LLC Acquires Office Building In Culver City For $8.25M
SOLDOffice

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

Connor Sears

Zacuto Group

Broker

$26.7M

vol

6 deals

Broker

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