SOLDRetail
Gary Entrekin Sells Retail Property On Culver Boulevard In Playa Del Rey For $3.4M
165 & 177 Culver Boulevard
$3,400,000
$766/SF
Building Size
4,434 SF
Asset Type
Retail
Closing
Apr 20, 2023
AI
The retail property located at 165 & 177 Culver Boulevard in Playa del Rey has been sold for a price of $3,400,000. The property spans 4,434 square feet, resulting in a price per square foot of $767.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $3,400,000
- Square Footage: 4,434
- Price per Square Foot: $767
- Address: 165 & 177 Culver Boulevard, Playa del Rey
- Market: Playa del Rey
The seller of the property was Gary Entrekin. Mark Ehlers from Imperial Real Estate represented the seller in this transaction.
Players
Market 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93