Eleos Acquires Development Site In South Los Angeles For $1.15M

The development site located at 11840 S. Central Ave. in South Los Angeles has been sold for $1,150,000. The property spans an area of 18,183 square feet and was purchased by Eleos, represented by David Aghaei and Daniel Dayan. The seller in this transaction was Zrelda K. Sealy.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,150,000
• Address: 11840 S. Central Ave., South Los Angeles
• Buyer: Eleos, represented by David Aghaei and Daniel Dayan
• Seller: Zrelda K. Sealy
• Sale Date: 08/24/2021
• Market: South Los Angeles
• Building Square Footage: 18,183

Eleos, with David Aghaei and Daniel Dayan, successfully acquired the development site at 11840 S. Central Ave. in South Los Angeles for a price of $1,150,000. This transaction highlights their investment in the area's real estate market and showcases their commitment to development opportunities.