Dwight Kay Acquires Medical Office In Los Angeles County For $7.7M

Located at 2703 S. Towne Ave. in Los Angeles County, this medical office property was sold in a recent transaction. The sale took place on 02/17/2022, and the asset consists of an 11,549 square feet building. The property was purchased by Dwight Kay from Stanley Hess for a total of $7,730,000, resulting in a price per square foot of $669. The transaction was facilitated by brokers Daniel Solomon, Michael Moreno, and Rahul Chhajed from Matthews Real Estate Investment Services.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $7,730,000
• Address: 2703 S. Towne Ave.
• Market: Los Angeles County
• Buyer: Dwight Kay
• Seller: Stanley Hess
• Brokers: Daniel Solomon, Michael Moreno, and Rahul Chhajed - Matthews Real Estate Investment Services

This transaction involved the sale of a medical office property in Los Angeles County. Dwight Kay purchased the property from Stanley Hess for a total of $7,730,000. The property spans across 11,549 square feet and is located at 2703 S. Towne Ave. The transaction was facilitated by brokers Daniel Solomon, Michael Moreno, and Rahul Chhajed from Matthews Real Estate Investment Services.