Eric Schames Buys Mixed-Use Property In Los Angeles For $1.72M

The mixed-use property located at 8459 S. Broadway & 8470 S. Olive St. in Los Angeles was recently sold in a transaction on 10/06/2021. The property, spanning 11,382 square feet, was sold for a total price of $1,720,000, equating to a price per square foot of $151. The seller in this deal was Ramin Saghian, while the buyer was 8459 Broadway Partners LLC, represented by Eric Schames. The brokers facilitating the transaction were Jay Martinez and Darin Spillman from Hudson Partners.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,720,000
• Buyer: 8459 Broadway Partners LLC - Eric Schames
• Seller: Ramin Saghian
• Brokers: Jay Martinez & Darin Spillman - Hudson Partners
• Address: 8459 S. Broadway & 8470 S. Olive St.
• Market: Los Angeles
• Square Footage: 11,382
• Price per Square Foot: $151

The deal involving the sale of the mixed-use property also included key individuals such as Jay Martinez and Darin Spillman from Hudson Partners, who served as the brokers in the transaction. It's noteworthy that Eric Schames represented 8459 Broadway Partners LLC in the deal, resulting in the successful acquisition of the property from Ramin Saghian.