Updated Dec 19, 2023
Corey Spound & David Kaufman Sell Beverly Hills Office Building For $9.75M
9884 Santa Monica Blvd, Beverly Hills, CA 90210, USA
$9,750,000
$1,489/SF
Building Size
6,546 SF
Asset Type
Office
Closing
Aug 5, 2020
About this deal
AI
Corey Spound and David Kaufman of UNKNOWN AGENCY represented the parties involved in the sale of an office property located at 9884 Santa Monica Blvd in Beverly Hills. The transaction took place on 08/06/2020.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $9,750,000
The office property spans a total of 6,546 square feet, resulting in a price per square foot of $1,489.4.
The office sale at 9884 Santa Monica Blvd, Beverly Hills, CA 90210, USA in Beverly Hills, California sold for $9.8M in 2020. The building is 6,546 square feet, implying about 1.5K per square foot on the published price. This page is the Beverly Hills, California file for the 9884 Santa Monica Blvd, Beverly Hills, CA 90210, USA office sold: pricing, party profiles, and other closed office comps from the same Beverly Hills sit in the Market section below. Filter that Beverly Hills office set by closing date to see what else sold near 9884 Santa Monica Blvd, Beverly Hills, CA 90210, USA around 2020. Published consideration for 9884 Santa Monica Blvd, Beverly Hills, CA 90210, USA is $9.8M, dated 2020. Cite this Corey Spound & David Kaufman Sell Beverly Hills Office Building For $9.75M sale when underwriting similar office product around Beverly Hills, California.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.63%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93