Updated Oct 29, 2024
Zacuto Group Represents Both Sides In $32.8M Medical Office Sale In Beverly Hills
415 North Camden Drive, Beverly Hills, CA 90210, USA
$32,800,000
$1,133/SF
Building Size
28,930 SF
Asset Type
Office
Closing
Mar 23, 2020
About this deal
AI
The medical office located at 415 N. Camden Drive and 152 S. Lasky Drive in Beverly Hills has been sold for a total of $32,800,000. The property spans an area of 28,930 square feet, resulting in a price per square foot of $1,133.77.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: $32,800,000
- Square Footage: 28,930
- Price per Square Foot: $1,133.77
- Market: Beverly Hills
The seller of the medical office is Shore Irving Trust. The brokers involved in the transaction are Jake Zacuto and Leor Binshtock of Zacuto Group, who represented both sides of the deal.
NOTE: Jake Zacuto and Leor Binshtock of Zacuto Group served as brokers for the buyer and seller in this transaction.
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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93