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9230 West Olympic Boulevard

Henry Doux Acquires Office Building In Beverly Hills For $9.5M
SOLDOffice

Henry Doux Acquires Office Building In Beverly Hills For $9.5M

9230 West Olympic Boulevard

$9,500,000

$1,158/SF

Building Size

8,200 SF

Asset Type

Office

Closing

Jan 25, 2024

AI

The office located at 9230 West Olympic Boulevard in Beverly Hills has been sold for a total of $9,500,000. Spanning across 8,200 square feet, the property was purchased by Henry Doux from the seller, James Cohen. The transaction was facilitated by Steve Anavim from Conroy Commercial, who represented the buyer, and Dario Svidler from Partners CRE, who represented the seller.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $9,500,000
  • Square Footage: 8,200
  • Price per Square Foot: $1,159
  • Address: 9230 West Olympic Boulevard, Beverly Hills
  • Buyer: Henry Doux
  • Seller: James Cohen
  • Buyer's Representative: Steve Anavim - Conroy Commercial
  • Seller's Representative: Dario Svidler - Partners CRE

This transaction illustrates the collaboration between Henry Doux as the buyer and James Cohen as the seller. Steve Anavim from Conroy Commercial represented Henry Doux, while Dario Svidler from Partners CRE represented James Cohen. The deal for the office property at 9230 West Olympic Boulevard in Beverly Hills demonstrates the expertise and negotiation skills of these key industry professionals.

Players

Dario Svidler

Partners CRE

Broker

$200M

vol

31 deals

Broker

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

1.67%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93