Updated Sep 5, 2024
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
About this deal
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:
- Property Type: Office
- Transaction Amount: $4,275,000
- Address: 8624 Wilshire Boulevard
- Market: Beverly Hills
- Buyer: Reuben Yeroushalmi
- Seller: Parham Zar
- Broker: T.C. Macker, Woody Cook & Jennifer Moscoso - WESTMAC Commercial Brokerage Company
T.C. Macker, Woody Cook, and Jennifer Moscoso from WESTMAC Commercial Brokerage Company represented the buyer and seller in this office property transaction.
On the Map
$4,275,000
$2,035/SF
Office
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Beverly Hills 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