Eleos Acquires Development Site In South LA For $1.2M With Buyers David Aghaei & Daniel Dayan

A development site located at 4752-4760 S. Main St. in South LA has been sold for $1,200,000. The site has a buildable square footage (BSF) of 12,917 and a price per buildable square footage (PPBSF) of $92. The transaction took place on 03/08/2021.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $1,200,000
• Address: 4752-4760 S. Main St.
• Market: South LA
• BSF: 12,917
• PPBSF: $92

The buyer of the property is David Aghaei and Daniel Dayan, representing Eleos (@Eleos.LA). The seller is BFFM. The deal was facilitated by Armen Kazaryan and Ron Young from Lee & Associates.