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2930 Westwood Boulevard

Aleksey Katmissky Acquires Office Building On Westwood Boulevard In Los Angeles For $6.3M
SOLDOffice

Aleksey Katmissky Acquires Office Building On Westwood Boulevard In Los Angeles For $6.3M

2930 Westwood Boulevard

$6,300,000

$897/SF

Building Size

7,020 SF

Asset Type

Office

Closing

Dec 12, 2022

AI

The office property located at 2930 Westwood Boulevard in Los Angeles has been sold in a recent transaction. The property spans a total area of 7,020 square feet and was sold for a price of $6,300,000, resulting in a price per square foot of $897.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $6,300,000
  • Address: 2930 Westwood Boulevard, Los Angeles
  • Market: Los Angeles

Aleksey Katmissky has acquired the property from Deron Quon. Representing the buyer in the transaction was Greg Eckhardt from PAR Commercial Brokerage. On the seller's side, the property was represented by T.C. Macker and Jennifer Moscoso from WESTMAC Commercial Brokerage Company, along with George Gleason from LA Realty Partners.

Players

Jennifer Moscoso

WESTMAC Commercial Brokerage Company

Broker

$241.9M

vol

30 deals

Broker

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

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93