Gabriel Talasazan Represents Both Parties In $2M Sale Of Development Site In Whittier, CA

Located at 14965 Mulberry Dr in Whittier, CA 90604, this development site recently sold in a closed transaction. The property is situated at the corner of a popular strip center, making it an ideal location for any major national tenant. Surrounding the site are various national tenants including 711 Gas, Smart & Final, and Metro PCS. Additionally, there are other businesses in close proximity such as an Express Car Wash, The Mulberry Plaza, and several restaurants, barber shops, liquor/smoke shops, and fitness stores. The property was listed by Gabriel Talasazan from PejTalasazan and had a listed square footage of 23,302 square feet. The asking price for the site was $1,999,000 and it ultimately sold for $2,000,000, resulting in a price per square foot of $85. Gabriel Talasazan played a vital role in this transaction, representing both the buyer and seller. Not only did he successfully handle the negotiations and fulfill both parties' 1031 exchanges within their deadlines, but he also managed the environmental aspects of the deal and facilitated discussions with potential national tenants. The deal was fully syndicated by Gabriel to his developers, showcasing his expertise and capabilities in the real estate market. Stay tuned for the future development of this site, as its potential operation has yet to be revealed. For more information, you can reach out to Gabriel Talasazan at [email protected] or contact him at M. 1(310)405-9395.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $2,000,000
• Address: 14965 Mulberry Dr, Whittier, CA 90604
• Market: Whittier
• Broker: Gabriel Talasazan @ PejTalasazan
• Asking Price: $1,999,000
• LSF: 23,302
• PPSF: $85