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10600 Culver Boulevard, Culver City, CA 90232

Commercial property

10600 Culver Boulevard, Culver City, CA 90232 Sold January 2023 CRMLS
$2,850,000Sold January 2023

Listing Agent: Vineendra Jain (DRE #01413466) · Listing Office: Ingenious Asset Group, Inc. · Contact: 310-331-8552 · Bought with: Vineendra Jain · Ingenious Asset Group, Inc. · MLS #21792468 · Source: CRMLS

5,140
Building Sq Ft
5
Units
3.63%
Cap Rate
$108,825
NOI
6,452 sqft
Lot Size
1952
Year Built
CCC1YY
Zoning
Commercial property
Type

About this commercial property

Probate sale. NO Court confirmation required. For Sale AFTER 71 years. Excellent location on Culver Blvd., just east of Overland, opposite to Sony Studios. Zoned CCC1YY. Potential redevelopment opportunity. Most tenants are M-to-M, except the Barber Shop who moved-in July 2021, and has a 1-year lease. All leases are currently modified gross, with tenants responsible for their own respective utilities. Currently no bill backs for any common area maintenance. Opportunity for the new owner to make them NNN. 10600 is the only residential unit on the 2nd floor and was extensively rehabbed end of 2020. Sold AS IS and Where IS, with current tenant(s), as of close of escrow. Buyer to conduct their own investigations.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history

$2,850,000
Sold January 2023 · listed $3,000,000, on market October 2021 · MLS #21792468 · Source: CRMLS
Listing Agent: Vineendra Jain · Listing Office: Ingenious Asset Group, Inc. · Contact: 310-331-8552 · Bought with: Vineendra Jain · Ingenious Asset Group, Inc.
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