SOLD
RPM Investments Acquires Koreatown Office Building On Venice Blvd. For $5M
1430 Venice Blvd
Office
15,857 SF
15,857 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Office
15,857 sqft
A 15,857 square foot office property located at 1430 Venice Blvd in Koreatown has been sold for $5,000,000. The property was purchased by RPM Investments from Exceptional Children's Foundation, with the transaction facilitated by brokers Ron Burkhardt, Ryan Plummer, and David Ghermezian of Newmark. The sale price equates to a price per square foot of $315.
Summary of transation details
- Property Type: Office
- Transaction Amount: $5,000,000
- Square Footage: 15,857
- Address: 1430 Venice Blvd
- Market: Koreatown
Ron Burkhardt, Ryan Plummer, and David Ghermezian of Newmark played a key role as brokers in facilitating the transaction between RPM Investments and Exceptional Children's Foundation. The deal represents a significant transaction in the office real estate market in Koreatown.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Ron Burkhardt, David Ghermezian, Jonathan Dadourian & Ryan Plummer
DATE: 07/15/2022
ADDRESS: 1430 Venice Blvd.
MARKET: Koreatown
ASSET TYPE: Office
BUYER: RPM Investments
SELLER: Exceptional Children's Foundation
BROKER: Ron Burkhardt, Ryan Plummer & David Ghermezian - Newmark
SALE PRICE: $5,000,000
SF: 15,857 ~ PPSF: $315View on map
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Address1430 Venice Blvd
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