Michael Weissman Acquires Development Site In Carthay Square, Los Angeles For $9.05M

The development site located at 1500 Hi Point Street in Carthay Square, Los Angeles, CA has been sold in a recent transaction. The property spans approximately 71,072 square feet and was sold for a price of $9,050,000, resulting in a price-per-square-foot of $127.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $9,050,000
• Address: 1500 Hi Point Street, Carthay Square, Los Angeles, CA
• Market: Carthay Square, Los Angeles, CA
• Buyer: Michael Weissman
• Brokers: Paul Darrow, Blake Rogers, Alex Caniglia & Javier Rivera - Walker & Dunlop
• Square Footage: 71,072
• Price per Square Foot: $127

In this transaction, the buyer, Michael Weissman, acquired the development site with the assistance of brokers Paul Darrow, Blake Rogers, Alex Caniglia, and Javier Rivera from Walker & Dunlop.