SOLD
SB SPV LLC Sells Mixed-Use Property On West Sunset Blvd In West Hollywood For $8M With Broker Representation By South Park Group Inc And Avison Young
7611-7623 West Sunset Boulevard
Mixed-use
12,085 SF
12,085 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Mixed-use
12,085 sqft
A mixed-use property located at 7611-7623 West Sunset Blvd in West Hollywood has been sold for $8,000,000. The property spans a total of 12,085 square feet, resulting in a price per square foot of $661. The transaction took place on August 9, 2019.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $8,000,000
- Square Footage: 12,085
- Price per Square Foot: $661
- Market: West Hollywood
The seller of the property was SB SPV LLC. The deal was facilitated by Steve Ravan from South Park Group Inc and David Maling & Chris Maling from Avison Young. The buyer was able to satisfy their 1031 Exchange requirement and closed the transaction with an all-cash payment within 30 days from the Opening of Escrow.
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Details
SOLD
IMAGE: Steve Ravan @steveravan, David Maling & Chris Maling @southparkgroup
DATE: 08/09/2019
ADDRESS: 7611-7623 West Sunset Blvd
MARKET: West Hollywood
ASSET TYPE: Mixed-Use
SELLER: SB SPV LLC
BROKERS: Steve Ravan - South Park Group Inc, David Maling & Chris Maling - Avison Young
PRICE: $8,000,000
SF: 12,085 ~ PPSF: $661
NOTES: Buyer satisfied their 1031 Exchange and closed All Cash with 30 days from the Opening of Escrow.View on map
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Address7611-7623 West Sunset Boulevard
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