Richard Auf Der Maur Acquires Development Site On Westwood Blvd. For $12M

A development site located at 1900 Westwood Blvd. in West Los Angeles has been sold in a closed transaction. The property boasts a square footage of 53,049 and was sold for a total price of $12,000,000. This translates to a price per square foot of $226.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $12,000,000
• Address: 1900 Westwood Blvd., West Los Angeles
• Market: West Los Angeles

The buyer of the property was Richard Auf der Maur, while the seller was Alex Ghassemieh. The deal was facilitated by Neema Ahadian and Iman Mossanen, who represented both parties as brokers for Marcus & Millichap.

Overall, this transaction involved the sale of a development site in West Los Angeles. Richard Auf der Maur purchased the property from Alex Ghassemieh for a total of $12,000,000. Neema Ahadian and Iman Mossanen from Marcus & Millichap served as the brokers in the deal.