Daniel Chiprut Of Commercial Asset Group Represents Buyer In $51.5M Beverly Hills Office Sale
132 South Rodeo Drive
$51,500,000
$1,724/SF
Building Size
29,860 SF
Asset Type
Office
Closing
Aug 4, 2026
AI
An office property located at 132 South Rodeo Drive in Beverly Hills has been sold for $51,500,000. The property encompasses a total of 29,860 square feet, resulting in a price per square foot of $1,724.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $51,500,000
- Square Footage: 29,860 SF
- Price Per Square Foot: $1,724
- Market: Beverly Hills
- Buyer's Representative: Daniel Chiprut - Commercial Asset Group
- Seller's Representatives: Blake Mirkin & Kyle Widener - CBRE
This transaction was notably represented by Daniel Chiprut, who played a key role for the buyer, while Blake Mirkin and Kyle Widener represented the seller in finalizing this significant deal.
Players
Beverly Hills 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
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93