Updated Oct 6, 2026
Hamed Yazdanpanah & Shaun Setareh Acquire Retail Property In Culver City For $5M
10400 Venice Boulevard
$5,000,000
$678/SF
Building Size
7,371 SF
Asset Type
Retail
Closing
Oct 2, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 10400 Venice Boulevard in Culver City. It has a sale price of $5,000,000 and covers a square footage of 7,371, resulting in a price per square foot of $678.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,000,000
- Address: 10400 Venice Boulevard
- Market: Culver City
- Square Footage: 7,371
- Price per Square Foot: $678
- Buyer: Hamed Yazdanpanah & Shaun Setareh
- Seller: Nabil Soliman & Janet Soliman
- Seller's Representative: Christian C. Holland & Jeffrey M Pickett - WESTMAC Commercial Brokerage Company
The transaction took place on 10/02/2026, with the involved parties including buyers Hamed Yazdanpanah and Shaun Setareh, as well as sellers Nabil and Janet Soliman, represented by the brokerage firm WESTMAC Commercial Brokerage Company through Christian C. Holland and Jeffrey M Pickett.
On the Map
$5,000,000
$678/SF
Retail
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Players
Culver City Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93