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
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