VT 1207 LLC Acquires Mixed-Use Property On Cypress Ave For $3M

Located in Cypress Park/Glassell Park, this closed transaction involved a mixed-use property at 1207 Cypress Ave. The property spans over 9,635 square feet and was sold for a total price of $3,000,000, resulting in a price per square foot of $311.36. The buyer, VT 1207 LLC, acquired the property from the seller, Felix Family. The transaction was facilitated by brokers Patrick Dilanian and Eric Dilanian.

Summary of transaction details

• Property Type: Mixed-Use
• Transaction Amount: $3,000,000
• Address: 1207 Cypress Ave
• Market: Cypress Park/Glassell Park

The deal was successfully closed on 07/02/2019, and the property is now under the ownership of VT 1207 LLC. Patrick Dilanian and Eric Dilanian served as the brokers for this transaction, representing the respective parties involved in the deal.