Farid Yaghoubtil Acquires Office Building In Los Angeles For $3.9M
2828 Beverly Boulevard, Los Angeles, California 90057, United States
$3,900,000
$294/SF
Building Size
13,246 SF
Asset Type
Office
Closing
Apr 21, 2022
AI
Located at 2828 Beverly Blvd. in Los Angeles, this office property has been sold for a price of $3,900,000. The property spans a total area of 13,246 square feet, resulting in a price per square foot of $294. The transaction took place on April 22, 2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,900,000
- Buyer: Farid Yaghoubtil
- Seller: Juan Argueta
- Broker: Blas Fernandez - Blas Property Group
The buyer of the property is Farid Yaghoubtil, while the seller is Juan Argueta. Blas Fernandez from Blas Property Group represented both parties in this transaction.
Players
Los Angeles 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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93