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Ji Youn Kim Acquires Development Site In Harvard Heights, Koreatown For $2.4M

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SOLD
$2,400,000

California

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Development Site10,013 SF
Sold 04/29/2022
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Property Image
SOLD

Ji Youn Kim Acquires Development Site In Harvard Heights, Koreatown For $2.4M

1664 South Western Avenue, Los Angeles, California 90047, United States

See Similar Deals
Development Site10,013 SF
Sold 04/29/2022
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Summary

CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$239
Total Square Footage:10,013 SF
Transaction Type:Sale

An undisclosed development site located at 1664 S. Western Ave. in Harvard Heights, Koreatown, has been sold for a price of $2,400,000. The property spans a total of 10,013 square feet and has a price per square foot of $240. The transaction took place on April 29, 2022.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $2,400,000
  • Address: 1664 S. Western Ave.
  • Market: Harvard Heights, Koreatown
  • Buyer: Ji Youn Kim
  • Seller: John Dickey
  • Buyer's Representative: Steven Oh - Redpoint Realty
  • Seller's Representatives: Floyd Shaheen & Brandon Evans - Marcus & Millichap
  • Building Square Footage: 10,013
  • Price Per Square Foot: $240

The buyer, Ji Youn Kim, was represented by Steven Oh from Redpoint Realty, while the seller, John Dickey, had Floyd Shaheen and Brandon Evans from Marcus & Millichap acting as their representatives. The sale of this development site presents an opportunity for potential future construction and development in the Harvard Heights, Koreatown area.

Players

Brandon Evans
18 deals$57.1M volume(805) 814-9070
BROKER

Floyd Shaheen
Marcus & Millichap
29 deals$82M volume
BROKER

Steven Oh
1 deal$2.4M volume
BROKER

Details

SOLD
IMAGE: Floyd Shaheen, Brandon Evans & Steven Oh DATE: 04/29/2022 ADDRESS: 1664 S. Western Ave. MARKET: Harvard Heights, Koreatown ASSET TYPE: Development Site BUYER: Ji Youn Kim SELLER: John Dickey BUYER’S REP: Steven Oh - Redpoint Realty SELLER’S REP: Floyd Shaheen (@FloydGroupCRE) & Brandon Evans (@BrandonMichaelEvans) - Marcus & Millichap (@MarcusMillichapLosAngeles) SALE PRICE: $2,400,000 BSF: 10,013 ~ PPBSF: $240

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