30,000 SQFT Beverly Hills Office Building at 132 South Rodeo Drive Sells for $51.5MM, or $1,724 Per Square Foot

A 1962-vintage Class B building a block south of Wilshire Boulevard has traded at a price that clears every recent Beverly Hills office benchmark and values the 7,050-square-foot parcel beneath it at roughly $7,300 per square foot of land.