Updated Aug 12, 2026
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
About this deal
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