David Baradarian & Kevin Baradarian Acquire Mixed-Use Property In Koreatown For $3.1M

The property asset involved in this transaction is a mixed-use building located at 3072–3088 West Pico Boulevard in Koreatown. The sale price for the asset was $3,100,000, which consists of 4 residential units and 7 retail stores across a total square footage of 29,160, translating to a price per unit of $775,000 and a price per square foot of $106.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,100,000
• Units: 4
• Price Per Unit: $775,000
• Square Footage: 29,160
• Price Per Square Foot: $106
• Buyer: David Baradarian & Kevin Baradarian
• Buyer's Representative: Lior Baradarian & Micheal Hay - Hay Investment, Inc

This transaction featured the collaboration of David Baradarian and Kevin Baradarian as the buyers, represented by Lior Baradarian and Micheal Hay from Hay Investment, Inc. The buyers have expressed gratitude for the successful closure of this commercial property transaction and are looking forward to further opportunities in the market.