Jenny Young Acquires Development Site In Los Angeles For $2.17M

A development site located at 623 N. Fuller Ave. in Los Angeles has been sold for a price of $2,170,000. The property, with a building square footage (BSF) of 7,409, was purchased by Jenny Young. The seller of the site was Sam Apt & Ingrid Blaauw. The transaction took place on May 20, 2022, and was facilitated by Derrick J. Smith from The Smith Associates at Compass.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,170,000
• Address: 623 N. Fuller Ave., Los Angeles
• Market: Los Angeles
• Buyer: Jenny Young
• Seller: Sam Apt & Ingrid Blaauw
• Broker: Derrick J. Smith (The Smith Associates) - Compass
• BSF: 7,409
• Price per BSF: $292

The Smith Associates represented both the buyer and the seller in this off-market deal. For more off-market development and investment deals across Los Angeles, interested parties can contact The Smith Associates.