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

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.