document

2026 Draft Purchase Option Agreement for 9050 Washington Boulevard

2026 Draft / unsigned on its face
At a glance

Draft agreement posted by Culver City for a proposed purchase of 9050 Washington Boulevard by the Culver City Public Finance Authority from CF CC Investor LLC. The draft states a purchase price of $103,000,000, earnest money of $375,000, and a closing on or before February 28, 2027. It is unsigned on its face and contains blank dates, drafting notes, unresolved cross-references, and incomplete exhibits.

Draft real-property purchase option agreement
What the record shows

Key facts

Amount
$103,000,000 proposed purchase price
Documented amounts
$103,000,000 purchase price · $375,000 earnest money · $100,000 per 30-day extension
Evidence

Primary source

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Context note

The draft also conditions the buyer's obligation to purchase on approval at a duly noticed public meeting and receipt of an MAI appraisal showing fair market value of at least the purchase price. It includes broad as-is and where-is provisions and seller disclaimers. CCR records this as a draft, not a completed acquisition.