George Chamoun Acquires Mixed-use Property In Beverly Hills For $8.5M

The mixed-use property located at 9549-9551 Wilshire Blvd. in Beverly Hills was recently sold in a closed transaction. The property includes 4,900 square feet of space and was sold for a price of $8,500,000, resulting in a price per square foot of $1,734. The transaction took place on May 3, 2021.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $8,500,000
• Address: 9549-9551 Wilshire Blvd.
• Market: Beverly Hills
• Square Footage: 4,900

The buyer of the property was George Chamoun, while the seller was Ascot Chang USA. The transaction was facilitated by brokers Devin Klein, Houman Mahboubi, Marc Schillinger, and Tim Kuruzar from JLL. The property had an asking price of $10,500,000 before being sold at $8,500,000.