Ed Gray Acquires Industrial Property At 1936 Mateo Street From Deon Estus For $4.96M

The property asset involved in this transaction is located at 1936 Mateo Street in the Los Angeles market. It is an industrial asset with an area of 25,476 square feet and a sale price of $4,956,489, translating to a price per square foot of $194. The asset features a two-story warehouse with a gated parking lot and was in shell condition at the time of sale. It was sold to a local owner/user.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,956,489
• Address: 1936 Mateo Street
• Market: Los Angeles
• Square Footage: 25,476
• Price per Square Foot: $194
• Buyer: Ed Gray
• Seller: Deon (Dee) Estus
• Brokers: Jake Zacuto & Sammy Santana - Zacuto Group

The deal was facilitated by Jake Zacuto and Sammy Santana who represented the seller, Deon (Dee) Estus. Zacuto Group successfully executed the sale of this rare Downtown Los Angeles industrial asset, highlighting their involvement in the local real estate market.