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4406 West Pico Boulevard

Amir Araghi Represents Buyer In $1.58M Office Sale On West Pico Boulevard In Los Angeles
SOLDOffice

Amir Araghi Represents Buyer In $1.58M Office Sale On West Pico Boulevard In Los Angeles

4406 West Pico Boulevard

$1,580,000

$675/SF

Building Size

2,340 SF

Asset Type

Office

Closing

Oct 3, 2025

AI

The property involved in this transaction is an office asset located at 4406 West Pico Boulevard in the Los Angeles market. The property was sold for a total amount of $1,580,000, covering a total area of 2,340 square feet, which results in a price per square foot of $675.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,580,000
  • Address: 4406 West Pico Boulevard
  • Market: Los Angeles
  • Square Feet: 2,340
  • Price Per Square Foot: $675
  • Seller: Paul Stephan & Jane Lipsitz
  • Buyer's Representative: Amir Araghi
  • Seller's Representative: Michael Shuken - Savills

This transaction highlights the roles of key individuals involved, where Michael Shuken from Savills represented the sellers, while Amir Araghi acted as the representative for the buyer, facilitating the owner-user purchase aspect of the deal.

Players

Amir Araghi

Broker

$49M

vol

7 deals

Broker
Savills
SavillsBrokerage

Los Angeles 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

10.04%

Cash-on-Cash

-2.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93