Le Conte Westwood Development Sells Office Building In Los Angeles For $38.2 Million

A 1.16-acre development site located at 10918–10926 Le Conte Avenue in Los Angeles features a 9,600-square-foot office building that was sold for $38.2 million in an off-market transaction.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $38,200,000
• Address: 10918-10926 Le Conte Avenue
• Market: Los Angeles
• Acres: 1.16
• Square Feet: 9,600
• Price Per Square Foot: $3,979
• Seller: Le Conte Westwood Development
• Buyer's Representatives: David Kluth - Newmark; Aliya Coher - JLL
• Seller's Representatives: Ryan Plummer - Newmark; Willa McNamarra Fields & Jim Burnap - WESTMAC Commercial Brokerage Company

The deal was represented by Newmark’s Ryan Plummer and the WESTMAC team of Willa McNamarra Fields and Jim Burnap for the seller, Le Conte Westwood Development. The buyer was represented by David Kluth from Newmark and Aliya Coher from JLL.