Updated May 6, 2026
Vardui Asiryan Purchases Office In North Hollywood For $2.4 Million From Stephan Gevorkian
10730 Riverside Drive
$2,400,000
$842/SF
Building Size
2,848 SF
Asset Type
Office
Closing
Apr 17, 2026
About this deal
AI
The property involved in this transaction is an office space located at 10730 Riverside Drive in North Hollywood. The sale price for this asset was $2,400,000, and it encompasses a total square footage of 3,848, translating to a price per square foot of $624.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $2,400,000
- Buyer: Vardui Asiryan
- Seller: Stephan Gevorkian
- Seller's Representative: Darren Casamassima & David Kaufman - Lee & Associates
- Date of Sale: 04/17/2026
Key individuals involved in this transaction include the buyer, Vardui Asiryan, and the seller, Stephan Gevorkian, with representation provided by Darren Casamassima and David Kaufman from Lee & Associates.
On the Map
$2,400,000
$842/SF
Office
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Players
North Hollywood 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93