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Eghbali Law Firm Acquires Office At 4550 Wilshire Boulevard From Fehmel & Associates For $3.25M

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SOLD
$3,250,000

California

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Office5,255 SF
Sold 01/31/2025
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Property Image
SOLD

Eghbali Law Firm Acquires Office At 4550 Wilshire Boulevard From Fehmel & Associates For $3.25M

4550 Wilshire Boulevard

See Similar Deals
Office5,255 SF
Sold 01/31/2025
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$618
Total Square Footage:5,255 SF
Transaction Type:Sale

The property involved in this transaction is an office asset located at 4550 Wilshire Boulevard in the Los Angeles market. The sale price for the property was $3,250,000, with a total square footage of 5,255, resulting in a price per square foot of $618.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $3,250,000
  • Address: 4550 Wilshire Boulevard
  • Market: Los Angeles
  • Square Footage: 5,255
  • Price per Square Foot: $618
  • Buyer: Eghbali Law Firm
  • Seller: Fehmel & Associates
  • Broker: P. Nathan Bahmanyar - Think Space Real Estate

The Eghbali Law Firm is the buyer in this transaction, while Fehmel & Associates acted as the seller. The deal was facilitated by P. Nathan Bahmanyar from Think Space Real Estate, representing the brokerage side of the transaction.

Players

2 deals$7.7M volume(310) 487-3930
BROKER

Details

SOLD
IMAGE: P. Nathan Bahmanyar DATE: 01/31/2025 ADDRESS: 4550 Wilshire Boulevard MARKET: Los Angeles ASSET TYPE: Office BUYER: Eghbali Law Firm SELLER: Fehmel & Associates BROKER: P. Nathan Bahmanyar - Think Space Real Estate (@ThinkSpaceRealEstate) SALE PRICE: $3,250,000 SF: 5,255 ~ PPSF: $618

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$173,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90