Cover Label Acquires Office Building In Los Angeles For $6.9M

The office property located at 16760 Schoenborn Street in Los Angeles has been sold in a recent transaction. The property, spanning 25,608 square feet, was purchased by Cover Label, represented by Ryder Fyrwald and Patrick Wafer. The sale was facilitated by Jake Zacuto, Andrew Sinasohn, and Doug Fillmore from the Zacuto Group. Dyna M. Aviashon acted as the seller, with representation from Sotheby's International Realty. The transaction closed on October 11, 2021, for a sale price of $6,900,000, resulting in a price per square foot of $269.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $6,900,000
• Address: 16760 Schoenborn Street
• Market: Los Angeles
• Buyer: Cover Label - Ryder Fyrwald & Patrick Wafer
• Seller: Dyna M. Aviashon
• Buyer's Representative: Jake Zacuto, Andrew Sinasohn & Doug Fillmore - Zacuto Group
• Seller's Representative: Sotheby's International Realty
• Square Footage: 25,608
• Price per Square Foot: $269

The involvement of Jake Zacuto, Andrew Sinasohn, and Doug Fillmore from the Zacuto Group, as well as Sotheby's International Realty, demonstrates the collaboration of experienced professionals in the transaction.