Lendlease Acquires Mixed-Use Property In West Adams For $92M
California
See Similar DealsLendlease Acquires Mixed-Use Property In West Adams For $92M
3401 La Cienega Boulevard, Los Angeles, California 90016, United States
See Similar DealsSummary
The mixed-use property located at 3401 South La Cienega Blvd. in West Adams has been sold for a total of $92,000,000. The transaction took place on January 24, 2022. The property spans across 3.5 acres and consists of 260 units with a total square footage of 229,869. The price per unit is estimated to be $353,846, while the price per square foot is $400.
Summary of transaction details:
- Property Type: Mixed-use
- Sale Price: $92,000,000
- Units: 260
- Price per Unit: $353,846
- Square Footage: 229,869
- Price per Square Foot: $400
- Address: 3401 South La Cienega Blvd., West Adams
- Market: West Adams
The buyer in this transaction is Lendlease, represented by Tony Lombardo. This sale represents a significant investment in the West Adams market, highlighting the demand for mixed-use properties in the area.
Details
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