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Abdul Aziz Acquires Mixed-Use Property In Downtown Los Angeles For $7.6M

Property Image
SOLD
$7,600,000

California

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Mixed-use34,500 SF
Sold 11/10/2021
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Property Image
SOLD

Abdul Aziz Acquires Mixed-Use Property In Downtown Los Angeles For $7.6M

404 South Los Angeles Street, Los Angeles, CA, USA

See Similar Deals
Mixed-use34,500 SF
Sold 11/10/2021
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Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$220
Total Square Footage:34,500 SF
Transaction Type:Sale

The mixed-use property located at 404-414 S. Los Angeles Street in Downtown Los Angeles has been sold for a total of $7,600,000. The property spans approximately 34,500 square feet, resulting in a price per square foot of $220. The transaction took place on November 10, 2021.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $7,600,000
  • Address: 404-414 S. Los Angeles Street, Downtown Los Angeles
  • Market: Downtown Los Angeles
  • Buyer: Abdul Aziz
  • Seller: Ing Tsai
  • Buyer's Representative: Daniel Park - Park Industrial Realty
  • Seller's Representatives: Mike Malick & Carol Song - Marcus & Millichap

Abdul Aziz has acquired the property from Ing Tsai, with the assistance of Daniel Park from Park Industrial Realty as the buyer's representative. The seller was advised by Mike Malick and Carol Song from Marcus & Millichap. The transaction signifies a successful deal in the downtown Los Angeles market.

Players

Carol Song
2 deals$13.4M volume
BROKER

Daniel Park
1 deal$7.6M volume
BROKER

Mike Malick
Marcus & Millichap
2 deals$21.4M volume
BROKER

Details

SOLD
IMAGE: Carol Song, Mike Malick & Daniel Park DATE: 11/10/2021 ADDRESS: 404-414 S. Los Angeles Street MARKET: Downtown Los Angeles ASSET TYPE: Mixed-use BUYER: Abdul Aziz SELLER: Ing Tsai BUYER’S REP: Daniel Park - Park Industrial Realty SELLER’S REP: Mike Malick & Carol Song - Marcus & Millichap (@MarcusMillichapLosAngeles) SALE PRICE: $7,600,000 SF: 34,500 ~ PPSF: $220

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