Self-Help Ventures Fund Acquires Six-Story Office Building In Little Tokyo For $9.62M

312 East 1st Street is a six-story office building located in Los Angeles, California. The asset features 34,320 square feet of modern creative office build-outs, characterized by abundant natural light, exposed concrete, and glass accents. The property was acquired for $9,620,000, with a price per square foot of $280.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $9,620,000
• Buyer: Self-Help Ventures Fund
• Seller: Brickstar Capital
• Buyer's Representative: Sammy Lyon - Dow Capital
• Seller's Representative: Phillip Sample - CBRE
• Market: Los Angeles
• Square Footage: 34,320
• Price per Square Foot: $280

Self-Help Ventures Fund, represented by Sammy Lyon, plans to utilize the acquired building as a headquarters to support its operations in Southern California. Phillip Sample represented Brickstar Capital in the transaction, which marks a significant move for Self-Help Ventures Fund in establishing a community hub to foster partnerships and mission-aligned organizations.