Updated Jul 7, 2026
SOLDOffice
Local Owner-User Acquires 26,386 SF Office Building On Corinth Avenue For $7.6M
2211 Corinth Avenue
$7,600,000
$288/SF
Building Size
26,386 SF
Asset Type
Office
Closing
Jun 26, 2026
About this deal
AI
The property asset involved in the transaction is located at 2211 Corinth Avenue in Los Angeles. This multi-tenant office building spans 26,386 square feet and has a sale price of $7,600,000, which equates to approximately $288 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $7,600,000
- Address: 2211 Corinth Avenue
- Market: Los Angeles
- Square Footage: 26,386 SF
- Price per Square Foot: $288
- Buyer: Local owner-user for medical practice
- Parking Spaces: 69 on-site parking spaces across two levels
The transaction was facilitated by brokers Steve Ravan and Mane Ajaryan from South Park Group, along with Sep Melamed from Prime Properties. The buyer was represented by Ken Shapiro of Kenwood Properties, while the seller was exclusively represented by Mane Ajaryan, Steve Ravan, and Sep Melamed.
On the Map
$7,600,000
$288/SF
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93