Vartan Kushkyan Acquires Industrial Property In Downtown Los Angeles For $8M

The industrial property located at 1650 & 1652 Mateo St. in Downtown Los Angeles has recently been sold. The transaction took place on 04/29/2021 and the property was purchased by Vartan Kushkyan. The seller of the property was Becore LLC. The sale price for the property was $8,011,011. The property spans across 23,748 square feet, resulting in a price per square foot of $337. The property is situated in a prime location in Downtown Los Angeles's market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,011,011
• Buyer: Vartan Kushkyan
• Seller: Becore LLC
• Buyer's Representatives: Brad Wetherby, Martin Agnew, Ryan Serling
• Seller's Representative: Holly Forsythe
• Address: 1650 & 1652 Mateo St.
• Market: Downtown Los Angeles
• Square footage: 23,748
• Price per square foot: $337

Brad Wetherby, Martin Agnew, and Ryan Serling from the Agnew Serling Group represented the buyer, while Holly Forsythe represented the seller in the transaction. The deal was successfully finalized, showcasing the expertise and professionalism of the involved individuals and companies.