SOLD
Cushman & Wakefield Brokers Facilitate $18M Hotel Sale In Los Angeles
124 East Olympic Boulevard - Mama Shelter Hotel
Hotel
70,744 SF
70,744 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Hotel
70,744 sqft
The Mama Shelter Hotel located at 124 East Olympic Boulevard in Los Angeles has been sold for a total price of $18,000,000. The hotel spans an area of 70,744 square feet, resulting in a price per square foot of $254. The property was acquired by Kevin Wadhwani from the seller, Jamison Services.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $18,000,000
- Address: 124 East Olympic Boulevard
- Market: Los Angeles
- Square Footage: 70,744
- Price per Square Foot: $254
The deal was facilitated by the brokers Mike Condon Jr, Erick Finck, Mckenna Gaskill, Connor Martin, and Rob Hooks of Cushman & Wakefield, who represented both the buyer and the seller in the transaction. They played a crucial role in ensuring a smooth and successful deal.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Mike Condon Jr, Erica Finck, Mckenna Gaskill, Connor Martin & Rob Hooks
DATE11/23/2022
ADDRESS: 124 East Olympic Boulevard - Mama Shelter Hotel
MARKET: Los Angeles
ASSET TYPE: Hotel
BUYER: Kevin Wadhwani
SELLER: Jamison Services
BROKERS: Mike Condon Jr (@MikeCondonsation), Erick Finck, Mckenna Gaskill (@Mckenna_Chanel), Connor Martin (@ChMartin88) & Rob Hooks - Cushman & Wakefield
SALE PRICE: $18,000,000
SF: 70,744 ~ PPSF: $254View on map
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Address124 East Olympic Boulevard - Mama Shelter Hotel
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