Hakim Family Acquires Mixed-Use Property In Beverly Hills For $36.1M

The mixed-use property located at 139 S. Beverly Drive in Beverly Hills has been sold in a closed transaction. The property spans 29,735 square feet and was sold for a price of $36,100,000, resulting in a price per square foot of $1,214. The transaction took place on October 22, 2020.

Summary of Transaction Details

• Property Type: Mixed-use
• Transaction Amount: $36,100,000
• Property Size: 29,735 square feet
• Price per Square Foot: $1,214
• Address: 139 S. Beverly Drive, Beverly Hills
• Market: Beverly Hills

The buyer of the property is the Hakim Family, while the seller is Sakioka Farms. The deal was facilitated by a team of brokers from Newmark, including Kevin Shannon, Rob Hannan, Ken White, Laura Stumm, Michael Moll, Sean Fulp, and Jay Luchs.