Tobias Harris And Terry Harris Acquire Development Site From Joseph Proctor In Los Angeles For $1.9M

The property involved in this transaction is a development site located at 4545 Santa Monica Boulevard in Los Angeles. It has a sale price of $1,900,000 and encompasses a total square footage of 9,986, resulting in a price per square foot of $190.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,900,000
• Address: 4545 Santa Monica Boulevard
• Market: Los Angeles
• Square Footage: 9,986
• Price Per Square Foot: $190
• Buyer: Tobias Harris & Terry Harris
• Seller: Joseph Proctor
• Broker: Jason Tuvia - Marcus & Millichap

This transaction features notable individuals including buyer Tobias Harris and Terry Harris, alongside seller Joseph Proctor. The broker representing the seller is Jason Tuvia from Marcus & Millichap. In a note from the seller, Joseph Proctor expressed appreciation for the broker's persistence despite the challenging market conditions during the sale process.