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M West Holdings Acquires Mixed-Use Property In Koreatown From CIM Group For $73.3M

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SOLD
$73,300,000

California

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Mixed-use177,193 SF
Sold 12/14/2018
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Property Image
SOLD

M West Holdings Acquires Mixed-Use Property In Koreatown From CIM Group For $73.3M

3460 West 7th Street, Los Angeles, CA 90005, USA

See Similar Deals
Mixed-use177,193 SF
Sold 12/14/2018
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Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$413
Total Square Footage:177,193 SF
Transaction Type:Sale

A mixed-use property located at 3460 W. 7th St. in Koreatown has been sold for $73.3 million. The property spans a total area of 177,193 square feet and has a price per square foot of $411. The transaction took place on December 14, 2018.

Summary of transaction details

  • Property Type: Mixed-Use
  • Transaction Amount: $73.3M
  • Address: 3460 W. 7th St.
  • Market: Koreatown
  • Square Footage: 177,193
  • Price per Square Foot: $411

The buyer of this property is M West Holdings, while the seller is @CIMGroup. IPA, represented by Ron Harris, Greg Harris, Kevin Green, and Joseph Grabiec, played a role as the brokers in this transaction.

Players

Greg Farris
5 deals$208.4M volume(858) 373-3189
BROKER

Kevin Green
Marcus & Millichap
54 deals$3.5B volume(310) 706-4416
BROKER

Joseph "Joe" Grabiec
Marcus & Millichap
43 deals$3B volume
BROKER

BUYER

CIM Group
SELLER

Details

SOLD
IMAGE: Shaul Kuba, Richard Ressler, Avi Shemesh, Karl Slovin & Sam Kuiumdjian DATE: 12/14/2018 ADDRESS: 3460 W. 7th St. MARKET: Koreatown ASSET TYPE: Mixed-Use PRICE: $73.3M SF: 177,193 PPSF: $411 BUYER: M West Holdings SELLER: @CIMGroup BROKERS: IPA - Ron Harris, Greg Harris, Kevin Green & Joseph Grabiec

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