The Shams Family Acquires Development Site On Avalon Boulevard In Los Angeles For $1.45M

The development site located at 10820 Avalon Boulevard in Los Angeles has been sold for $1,450,000. The property spans 8,404 square feet, resulting in a price per square foot of $173. The transaction took place on July 17, 2023.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,450,000
• Square Footage: 8,404
• Price Per Square Foot: $173
• Address: 10820 Avalon Boulevard
• Market: Los Angeles

The buyer of the property was The Shams Family, while the seller was David Mazza. Jordan Petito from Keller Williams Beverly Hills acted as the broker in the deal.