Mr. Abraham Bak Acquires Burbank Office At 1141 N. Hollywood Way For $2M

The office property located at 1141 N. Hollywood Way in Burbank has been sold in a transaction that took place on October 4, 2021. The property, with a total area of 2,492 square feet, was sold for a price of $2,000,000, resulting in a price per square foot of $742. The buyer in this transaction is Mr. Abraham Bak, while the seller is Ms. Edith Boxstein. The deal was facilitated by a group of brokers including Josh Yaris, Martin Agnew, Ryan Serling of the AgnewSerling Group, and Bradley Wetherby. It is worth noting that the property sold for $1,850,000, with an additional $150,000 attributed to personal property, bringing the total sales price to $2,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $2,000,000
• Address: 1141 N. Hollywood Way, Burbank
• Market: Burbank
• Square Footage: 2,492
• Price per Square Foot: $742

Josh Yaris, Martin Agnew, Ryan Serling, and Bradley Wetherby of the AgnewSerling Group played key roles as brokers in this deal, representing the buyer and seller. Mr. Abraham Bak was the buyer in this transaction, while Ms. Edith Boxstein served as the seller. This successful sale demonstrates the strong demand for office properties in Burbank.