Edgar Khizarchyan Acquires Office Building In Burbank For $1.15M

The office property located at 2020 N. Glenoaks Blvd. in Burbank has been sold for $1,150,000. The transaction took place on June 10, 2021, with a total square footage of 2,021. The sale price per square foot (PPSF) was $569. The buyer of the property was Edgar Khizarchyan, while Helen Rubin acted as the seller. The deal was facilitated by brokers Brandon Michaels and Matthew Luchs.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $1,150,000
• Date: 06/10/2021
• Address: 2020 N. Glenoaks Blvd.
• Market: Burbank
• Buyer: Edgar Khizarchyan
• Seller: Helen Rubin
• Brokers: Brandon Michaels & Matthew Luchs
• Square Footage: 2,021
• Price per Square Foot (PPSF): $569

The successful sale of this office property showcases the collaboration between Edgar Khizarchyan as the buyer and Helen Rubin as the seller. They were assisted in the deal by Brandon Michaels and Matthew Luchs, representing the respective parties. The transaction reflects the demand and market value of office properties in Burbank.