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

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SOLD
$4,100,000

California

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Office12,392 SF
Sold 08/05/2025
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Property Image
SOLD

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

10639 Riverside Drive

See Similar Deals
Office12,392 SF
Sold 08/05/2025
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$330
Total Square Footage:12,392 SF
Transaction Type:Sale

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
11 deals$29.6M volume(323) 788-3969
BROKER

Raffi Soualian
JohnHart Real Estate
3 deals$7.5M volume
BROKER

James Malone
JLL
6 deals$4.1M volume(213) 239-6021
BROKER

JohnHart Real Estate
BROKERAGE

CBRE
BROKERAGE

JLL
BROKERAGE

Details

SOLD
IMAGE: Nicole Mihalka, James Malone & Raffi Soualian DATE: 08/05/2025 ADDRESS: 10639 Riverside Drive MARKET: North Hollywood ASSET TYPE: Office BUYER: Vahagn Koshkaryan - Koshkaryan Law Group (@Kosh_Law) SELLER: Ruthann Morrison BUYER'S REP: Raffi Soualian (@Raffishomes) - JohnHart Real Estate (@JohnHartre) SELLER'S REP: Nicole Mihalka (@TheBrokerNicole) - CBRE (@CBRE); James Malone (@JMalone58) - JLL (@JLL) SALE PRICE: $4,100,000 SF: 12,392 ~ PPSF: $330

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$218,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10