Shaun Setareh Acquires Mixed-Use Building In Beverly Hills For $13.5M

422 N Camden Drive is an 8,678 square foot three-story vacant mixed-use retail and office building in Beverly Hills, CA. The property was sold for $13,500,000 at a price per square foot of $1,556. The sale was completed on 04/16/2024.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $13,500,000
• Buyer: Shaun Setareh
• Seller: Yuri Spiro
• Brokers: Brandon Michaels, Matthew Luchs, and Steven Schechter - Marcus & Millichap
• Address: 422 North Camden Drive
• Market: Beverly Hills
• SF: 8,678
• PPSF: $1,556

The Brandon Michaels Group exclusively represented both the seller, Yuri Spiro, and the buyer, Shaun Setareh, in the transaction. Shaun Setareh, the purchaser, was an owner-user buyer who closed the deal all cash in just seven days after opening escrow non-contingent.