IKON Properties LLC Acquires Development Site In Los Angeles For $1.2M

A development site located at 1952 South Garth Avenue in Los Angeles has been sold in a recent transaction. The property spans 1,231 square feet and was sold for a price of $1,225,000, resulting in a price per square foot of $995. The buyer of the site is Yohann Bensimon, representing IKON Properties LLC. The seller of the property is Robin Goetz and Larry Goetz. The deal was facilitated by Allen Kian from Concord Real Estate Services.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,225,000
• SF: 1,231
• PPSF: $995
• Buyer: Yohann Bensimon - IKON Properties LLC
• Seller: Robin Goetz & Larry Goetz
• Broker: Allen Kian - Concord Real Estate Services

This transaction involved Yohann Bensimon as the buyer. He represented IKON Properties LLC in the deal. On the other hand, Robin Goetz and Larry Goetz acted as the sellers. Allen Kian from Concord Real Estate Services served as the broker facilitating the transaction. The sale of this development site at 1952 South Garth Avenue in Los Angeles emphasizes the growing real estate market in the area.