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Tiffany & Brad Friedman Acquire Office Asset In West Los Angeles For $11.7M

Property Image
SOLD
$11,687,806
David (Dave) Wilson
Brad McCoy
+ 1

California

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Office11,687 SF
Sold 12/20/2021
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Property Image
SOLD

Tiffany & Brad Friedman Acquire Office Asset In West Los Angeles For $11.7M

2332 South Centinela Avenue, Los Angeles, California 90064, United States

See Similar Deals
Office11,687 SF
Sold 12/20/2021
David (Dave) Wilson
Brad McCoy
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$1,000
Total Square Footage:11,687 SF
Transaction Type:Sale

The property involved in this transaction is an office building located at 2332-2340 S. Centinela in West Los Angeles. The sale took place on December 20, 2021. The asset has a total square footage of 11,687 and was sold at a price of $11,687,806, resulting in a price per square foot of $1,000.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $11,687,806
  • Address: 2332-2340 S. Centinela
  • Market: West Los Angeles

The buyer in this transaction was Tiffany & Brad Friedman, while David Zander acted as the seller. The seller was represented by George Wilson, David Wilson, and Brad McCoy from Lee & Associates West LA Inc.

A noteworthy aspect of this sale is that it represents a partial interest sale of 34.83%, with the buyer paying $3,073,984 and assuming $996,878 in debt. The sale price of $11,687,806 was based on a value of $1,000 per square foot.

This transaction provides insights into the key individuals and companies involved, highlighting the buyer, seller, and their respective representatives. It showcases the active role played by Tiffany & Brad Friedman as buyers, and George Wilson, David Wilson, and Brad McCoy as the seller's representatives from Lee & Associates West LA Inc.

Players

Brad McCoy
44 deals$631.9M volume
BROKER

David (Dave) Wilson
Lee & Associates
34 deals$562M volume
BROKER

George Wilson
Lee & Associates
15 deals$178.4M volume
BROKER

David Zander
11 deals$261.1M volume
SELLER

Details

SOLD
IMAGE: George Wilson, Brad McCoy & David Wilson DATE: 12/20/2021 ADDRESS: 2332-2340 S. Centinela MARKET: West Los Angeles ASSET TYPE: Office BUYER: Tiffany & Brad Friedman SELLER: David Zander SELLER’S REP: George Wilson (@OG_GeorgeWilson), David Wilson (@CreativeOffice365) & Brad McCoy (@BradfordMcCoy) - Lee & Associates West LA Inc. SALE PRICE: $11,687,806 SF: 11,687 ~ PPSF: $1,000 NOTE FROM BROKER: This sale represents a 34.83% partial interest sale based upon a $1,000/SF value of $11,687,806 where the buyer paid $3,073,984 & assumed $996,878 in debt.

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