Pascal Family Sells Development Site On Sunset Blvd. In Downtown Los Angeles

The sale of a development site located at 1330-1340 W. Sunset Blvd. in Downtown Los Angeles has been completed. The property, which spans 62,026 square feet, was sold by the Pascal Family. The transaction was facilitated by brokers John Anthony, Chris Steck, and Chris Giordano of Kidder Mathews. The sale price for the property was $3,800,000, resulting in a price per square foot of $61.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $3,800,000
• Address: 1330-1340 W. Sunset Blvd., Downtown Los Angeles
• Market: Downtown Los Angeles
• Brokers: John Anthony, Chris Steck, and Chris Giordano - Kidder Mathews
• Property Size: 62,026 square feet
• Price per Square Foot: $61

The completion of this transaction highlights the successful collaboration between the Pascal Family as the seller and the brokerage team consisting of John Anthony, Chris Steck, and Chris Giordano from Kidder Mathews. The sale price of $3,800,000 for the development site reflects a price per square foot of $61, indicating the value of the property in the Downtown Los Angeles market.