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George Chamoun Acquires Mixed-use Property In Beverly Hills For $8.5M

9549-9551 Wilshire Boulevard
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This Mixed-use property located in CA was sold for $8,500,000 almost 3 years ago. The brokers of the deal were Houman Mahboubi, Devin Klein, Tim Kuruzar, and Marc Schillinger

The mixed-use property located at 9549-9551 Wilshire Blvd. in Beverly Hills was recently sold in a closed transaction. The property includes 4,900 square feet of space and was sold for a price of $8,500,000, resulting in a price per square foot of $1,734. The transaction took place on May 3, 2021.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $8,500,000
  • Address: 9549-9551 Wilshire Blvd.
  • Market: Beverly Hills
  • Square Footage: 4,900

The buyer of the property was George Chamoun, while the seller was Ascot Chang USA. The transaction was facilitated by brokers Devin Klein, Houman Mahboubi, Marc Schillinger, and Tim Kuruzar from JLL. The property had an asking price of $10,500,000 before being sold at $8,500,000.

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Deals
  • Location
    9549 Wilshire Boulevard, Beverly Hills, CA, USA9549 Wilshire Boulevard, Beverly Hills, CA, USA
  • Sale Price
    $8,500,000$8,500,000
    $1,734 PPSF$1,734 PPSF
  • Area
    4,900 SF4,900 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Houman Mahboubi

Houman Mahboubi

Deals5
Sold$208.5M

Devin Klein

Devin Klein

Deals3
Sold$8.5M

Tim Kuruzar

Tim Kuruzar

Deals10
Sold$169.8M

Marc Schillinger

Marc Schillinger

Deals20
Financed$723.9M

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

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Deal Summary

SALE IMAGE: Devin Klein, Houman Mahboubi, Marc Schillinger & Tim Kuruzar DATE: 05/03/2021 ADDRESS: 9549-9551 Wilshire Blvd. MARKET: Beverly Hills ASSET TYPE: Mixed-use BUYER: George Chamoun SELLER: Ascot Chang USA BROKERS: Devin Klein (@DevinKlein_), Houman Mahboubi (@Houman_Mahboubi), Marc Schillinger & Tim Kuruzar (@Timmy_Paddles) - @JLL ASKING PRICE: $10,500,000 SALE PRICE: $8,500,000 SF: 4,900 ~ PPSF: $1,734

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9549-9551 Wilshire Boulevard

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