Updated Feb 20, 2025
Eghbali Law Firm Acquires Office At 4550 Wilshire Boulevard From Fehmel & Associates For $3.25M
4550 Wilshire Boulevard
$3,250,000
$618/SF
Building Size
5,255 SF
Asset Type
Office
Closing
Jan 31, 2025
About this deal
AI
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.
On the Map
$3,250,000
$618/SF
Office
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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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93