Big Sunday Acquires 1741 N Cherokee Ave Office From Los Angeles Beautification Team $5.4M

The office building located at 1741 North Cherokee Avenue in Los Angeles was sold for $5.4 million. The property spans 6,700 square feet and was acquired by nonprofit organization Big Sunday from the seller, Los Angeles Beautification Team. The sale, facilitated by brokers Cal Ross, Nicole Mihalka of JLL, and Kenny Stevens of Compass, enabled Big Sunday to establish its headquarters at the Hollywood office building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $5,400,000
• Buyer: David Levinson - Big Sunday
• Seller: Sharyn Romano - Los Angeles Beautification Team
• Brokers: Cal Ross & Nicole Mihalka - JLL; Kenny Stevens - Compass
• Address: 1741 North Cherokee Avenue
• Market: Los Angeles

The sale of the office building not only marked a successful transaction between Big Sunday and the Los Angeles Beautification Team but also allowed Big Sunday to move its headquarters to a strategically designed space crafted by Gruen Associates. The participation of key individuals such as David Levinson, Cal Ross, Nicole Mihalka, Kenny Stevens, and Sharyn Romano played a crucial role in finalizing the deal smoothly, despite the nonprofit status of the buyer.