Updated Dec 21, 2023
Vahan Yepremyan Acquires Office Building On Lankershim Blvd In North Hollywood For $4.35M
4729 Lankershim Boulevard, North Hollywood, CA 91602
$4,350,000
$567/SF
Building Size
7,660 SF
Asset Type
Office
Closing
Dec 13, 2021
About this deal
AI
The office property located at 4727-4729 Lankershim Blvd. in North Hollywood has been sold for a total price of $4,350,000. The property spans over 7,660 square feet, resulting in a price per square foot of $567. The transaction took place on 12/13/2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,350,000
- Address: 4727-4729 Lankershim Blvd
- Market: North Hollywood
The buyer of the property is Vahan Yepremyan, while the seller is Gregory Zedlar and Brad Salo. Stacy Vierheilig-Fraser from Lee & Associates represented the buyer in the deal. Martin Agnew and Ryan Serling from the Agnew Serling Group at Marcus & Millichap acted as the seller's representatives.
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
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93