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Telos Properties Acquires Development Site In Los Angeles From Andrew And Christine Rog For $855,000

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SOLD
$855,000

California

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Development Site6,000 SF
Sold 03/30/2022
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Property Image
SOLD

Telos Properties Acquires Development Site In Los Angeles From Andrew And Christine Rog For $855,000

5653 Satsuma Avenue, North Hollywood, California 91601, United States

See Similar Deals
Development Site6,000 SF
Sold 03/30/2022
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Summary

CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$142
Total Square Footage:6,000 SF
Transaction Type:Sale

Located in Los Angeles, the development site at 5653 Satsuma Ave has recently changed hands in a closed transaction. The property, marketed as a development site, offers great potential for future projects. The deal was facilitated by Robert Kurdyan, a representative from Keller Williams, who worked on behalf of the seller Andrew Rog and Christine Rog. The buyer, Telos Properties, acquired the property at a sale price of $855,000.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $855,000
  • Address: 5653 Satsuma Ave
  • Market: Los Angeles
  • Built Square Footage: 6,000
  • Price per Built Square Foot: $142

As part of the deal, Telos Properties successfully purchased the development site from Andrew Rog and Christine Rog. Robert Kurdyan from Keller Williams played a pivotal role in representing the sellers throughout the transaction. This closed deal showcases the potential of the property and the fruitful collaboration between Telos Properties, Andrew Rog, Christine Rog, and Robert Kurdyan.

Players

Robert Kurdyan
2 deals$16.4M volume
BROKER

BUYER

Details

SOLD
IMAGE: Josh Gorokhovsky & Robert Kurdyan DATE: 03/30/2022 ADDRESS: 5653 Satsuma Ave. MARKET: Los Angeles ASSET TYPE: Development Site BUYER: Telos Properties (@TelosProperties) SELLER: Andrew Rog & Christine Rog BROKER: Robert Kurdyan (@Robert_Kurdyan_RealEstate) - Keller Williams SALE PRICE: $855,000 BSF: 6,000 ~ PPBSF: $142

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