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

Property Image
SOLD
$8,500,000
Devin Klein
Tim Kuruzar
+ 1

California

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Mixed-use4,900 SF
Sold 05/03/2021
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Property Image
SOLD

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

9549 Wilshire Boulevard, Beverly Hills, CA, USA

See Similar Deals
Mixed-use4,900 SF
Sold 05/03/2021
Devin Klein
Tim Kuruzar
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$1,734
Total Square Footage:4,900 SF
Transaction Type:Sale

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.

Players

Marc Schillinger
49 deals$2.2B volume
BROKER

Tim Kuruzar
NorthMarq
13 deals$280.7M volume(424) 401-9203
BROKER

Devin Klein
JLL
5 deals$8.5M volume(310) 595-3641
BROKER

Houman Mahboubi
CBRE
10 deals$408.5M volume(310) 210-1428
BROKER

Details

SOLD
IMAGE: Devin Klein, Houman Mahboubi, Marc Schillinger & Tim Kuruzar DATE: 05/03/2021 ADDRESS: 9549-9551 Wilshire Blvd. MARKET: Beverly Hills ASSET TYPE: Mixed-use BUYER: George Chamoun SELLER: Ascot Chang USA BROKERS: Devin Klein (@DevinKlein_), Houman Mahboubi (@Houman_Mahboubi), Marc Schillinger & Tim Kuruzar (@Timmy_Paddles) - @JLL ASKING PRICE: $10,500,000 SALE PRICE: $8,500,000 SF: 4,900 ~ PPSF: $1,734

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