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10639 Riverside Drive

Vahagn Koshkaryan Of Koshkaryan Law Group Acquires Office In North Hollywood For $4.1M
SOLDOffice

Vahagn Koshkaryan Of Koshkaryan Law Group Acquires Office In North Hollywood For $4.1M

10639 Riverside Drive

$4,100,000

$330/SF

Building Size

12,392 SF

Asset Type

Office

Closing

Aug 5, 2025

AI

The property involved in this transaction is an office asset located at 10639 Riverside Drive in the North Hollywood market. The sale price was $4,100,000, encompassing a total square footage of 12,392 and a price per square foot of $330.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $4,100,000
  • Address: 10639 Riverside Drive
  • Market: North Hollywood
  • Square Footage: 12,392
  • Price per Square Foot: $330
  • Buyer: Vahagn Koshkaryan - Koshkaryan Law Group
  • Seller: Ruthann Morrison
  • Buyer's Representative: Raffi Soualian - JohnHart Real Estate
  • Seller's Representatives: Nicole Mihalka - CBRE; James Malone - JLL

Key individuals in this transaction include Vahagn Koshkaryan, who represented the buyer, and Ruthann Morrison, the seller. Raffi Soualian represented the buyer in the deal, while the seller was represented by Nicole Mihalka and James Malone, indicating a collaborative effort among various representatives to successfully close this transaction.

Players

Nicole Mihalka

CBRE

Broker

$29.6M

vol

11 deals

Broker
JohnHart Real Estate
JohnHart Real EstateBrokerage
CBRE
CBREBrokerage
JLL
JLLBrokerage

North Hollywood Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93