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8624 Wilshire Boulevard

Reuben Yeroushalmi Acquires Office Building On Wilshire Boulevard, Beverly Hills For $4.3M
SOLDOffice

Reuben Yeroushalmi Acquires Office Building On Wilshire Boulevard, Beverly Hills For $4.3M

8624 Wilshire Boulevard

$4,275,000

$2,035/SF

Building Size

2,100 SF

Asset Type

Office

Closing

Jul 31, 2023

AI

The property involved in this transaction is an office located at 8624 Wilshire Boulevard in Beverly Hills. The office spans across 2,100 square feet and was sold for a total price of $4,275,000, resulting in a price per square foot of $2,036.

Summary of transaction details:

T.C. Macker, Woody Cook, and Jennifer Moscoso from WESTMAC Commercial Brokerage Company represented the buyer and seller in this office property transaction.

Players

Jennifer Moscoso

WESTMAC Commercial Brokerage Company

Broker

$241.9M

vol

30 deals

Broker

Market 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

3.71%

Cash-on-Cash

-1.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93