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

Property Image
SOLD
$2,000,000
Martin Agnew
Bradley (Brad) Wetherby
+ 1

California

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Office2,492 SF
Sold 10/04/2021
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Property Image
SOLD

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

1141 North Hollywood Way, Burbank, CA 91505, USA

See Similar Deals
Office2,492 SF
Sold 10/04/2021
Martin Agnew
Bradley (Brad) Wetherby
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$802
Total Square Footage:2,492 SF
Transaction Type:Sale

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.

Players

Martin Agnew
119 deals$436.8M volume
BROKER

Joshua (Josh) Yaris
Marcus & Millichap
24 deals$57.6M volume(818) 212-2665
BROKER

Ryan Rothstein-Serling
Marcus & Millichap
122 deals$509.8M volume(818) 212-2725
BROKER

Bradley (Brad) Wetherby
Marcus & Millichap
16 deals$32.4M volume
BROKER

Details

SOLD
IMAGE: Josh Yaris, Bradley Wetherby, Ryan Serling & Martin Agnew DATE: 10/04/2021 ADDRESS: 1141 N. Hollywood Way MARKET: Burbank ASSET TYPE: Office BUYER: Mr. Abraham Bak SELLER: Ms. Edith Boxstein BROKERS: Josh Yaris (@JoshYaris), Martin Agnew (@MartyAgnew) & Ryan Serling (@RyanRS14) - AgnewSerling Group (@AgnewSerlingGroup); Bradley Wetherby (@BradWetherby) SALE PRICE: $2,000,000 SF: 2,492 ~ PPSF: $742 NOTE: The Property sold for $1,850,000, with an additional $150,000 in personal property. For a total sales price of $2,000,000.

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