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
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