Robert Silverberg Purchases Mixed-Use Property At 301 North Rampart Boulevard For $7.8M

The property asset is a mixed-use development located at 301 North Rampart Boulevard in Los Angeles. The transaction was completed for $7,800,000, featuring a total of 34,880 square feet. This asset includes 49 units, comprising 46 residential and 3 retail units, with a price per unit of $159,184 and a price per square foot of $223.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $7,800,000
• Units: 49 (46 Residential & 3 Retail)
• Square Footage: 34,880
• Price Per Unit: $159,184
• Price Per Square Foot: $223
• Buyer: Robert Silverberg
• Seller: Optimus Properties, LLC
• Buyer's Representative: Brett Lyon & Jesus Tavarez - Lyon Stahl Investment Real Estate
• Seller's Representative: Derrick Vartanian - Lyon Stahl Investment Real Estate

The transaction involved key individuals representing both parties: Brett Lyon and Jesus Tavarez represented the buyer, Robert Silverberg, while Derrick Vartanian acted on behalf of the seller, Optimus Properties, LLC, both representing their clients through Lyon Stahl Investment Real Estate.