Dordick Law Corp Acquires Office In Beverly Hills For $11.1M
SOLD
$11,125,000
+ 2
California
See Similar DealsOffice8,013 SF
Sold
SOLD
Dordick Law Corp Acquires Office In Beverly Hills For $11.1M
470 South Beverly Drive, Beverly Hills, CA 90212, USA
See Similar DealsOffice8,013 SF
Sold
+ 2
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$1388
Total Square Footage:8013 SF
Transaction Type:Sale
An office property located at 470 S. Beverly Drive in Beverly Hills has been sold for a price of $11,125,000. The property spans a total area of 8,013 square feet, resulting in a price per square foot of $1,388.37. The transaction took place on January 13, 2020.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $11,125,000
- Address: 470 S. Beverly Drive
- Market: Beverly Hills
- Square Footage: 8,013
- Price Per Square Foot: $1,388.37
The buyer of the property is Dordick Law Corp, while the seller is Zina Jewelry Beverly Hills. The deal was facilitated by the following brokers from CBRE: Andrew Gharibian, Jonathan Farasat, Jeffrey Resnick, Alex Kozakov, and Patrick Wade.
Players
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Listings
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$593,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,524.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$52,738.18
Annual Debt Service$632,858.11
Is there something missing? Send suggestions