tomo logo

$5,995,000

Beds
12
sq ft
6,992

10022 Culver Blvd, Culver City, CA 90232

10022 Culver Blvd

Culver City, CA 90232

  • 294 days on market
The Culver, located across the street from Sony Studios in downtown Culver City, is a best in-class, 10-unit apartment building that has been fully renovated inside and out to meet the unique demands of the submarket. New investors can benefit from a true pride-of ownership, luxury asset in one of the hottest employment, entertainment and cultural hubs in Southern California. The property consists of 8 units plus two legal and permitted ADUs. Attractive assumable loan with 3.23% interest rate locked through March 2026.

Details

Property type

Est. home value

$4,513,674

Lot size

7,637 sq ft

Price per sq ft

$858

Year built

1953

Price History

01/11/2024
CLAW

CLAW #23310157

Listed
$5,995,000

Schools & Community

Neighborhood: 

Park East

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Umpqua Bank

Loan start date

April 2021

Original loan amount

$3,920,000

Est. remaining balance

Not provided

Interest rate

3.02%

Loan type

Commercial

Seller

Culver Eight Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/03/2024 at 9:10 AM

Listing updated: 04/10/2024 at 2:11 PM

Listed by: Steffan Braunlich, Berkadia Phone #: (310) 209-3200

MLS: CLAW #23310157

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