Sophia Rahbari Acquires Office Building From Raas Properties In Los Angeles For $1.15M

The property asset involved in the transaction is located at 1537 South La Cienega Boulevard in the Los Angeles market. It is an office space comprising 1,402 square feet. The transaction was completed for a sale price of $1,150,000, resulting in a price per square foot of $820.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,150,000
• Square Footage: 1,402
• Price Per Square Foot: $820
• Buyer: Sophia Rahbari
• Seller: Raas Properties
• Brokers: Ryan Gurman & Bronson Morgan - CBRE
• Transaction Date: 07/26/2024

This transaction involved broker representatives Ryan Gurman and Bronson Morgan from CBRE, who represented the seller, Raas Properties, in the deal. The parties successfully concluded the transaction on the stated date, highlighting the effectiveness of the brokerage team in facilitating the sale.