1107 1117 N Western Ave, Los Angeles, Ca 90029

The asset involved in this transaction is a mixed-use property located at 1107-1117 North Western Avenue, East Hollywood. It presents a development opportunity with a sale price of $3,500,000. The total building square footage is 15,280, with a price per square foot of $229. The land area encompasses 18,000 square feet, resulting in a land price per square foot of $194.

Summary of transaction details:

• Property Type: Mixed-Use, Development Opportunity
• Transaction Amount: $3,500,000
• Building Square Footage: 15,280
• Price per Square Foot: $229
• Land Square Footage: 18,000
• Land Price per Square Foot: $194
• Buyer: Oasis Of Hollywood, A Church Congregation And Ministry
• Seller: Richard Rossen - R & R Real Properties Inc
• Seller's Representative: Iman Mossanen - Marcus & Millichap
• Buyer's Representative: Paul Brehme - Lee & Associates

This transaction involved two key individuals representing the buyer and seller. Iman Mossanen from Marcus & Millichap acted as the seller's representative, while Paul Brehme from Lee & Associates represented the buyer, Oasis Of Hollywood. This distinct participation highlights the roles these professionals played in facilitating the sale of the property.