Raffi Kryszek Sells Office Building In Los Angeles For $3.84M

Raffi Kryszek recently sold an office property located at 8535 Venice Blvd in Los Angeles. The property was listed for $3,995,000 and was ultimately sold for $3,840,000. The office space spans 6,295 square feet, resulting in a price per square foot of $610.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $3,840,000
• Address: 8535 Venice Blvd, Los Angeles
• Market: Los Angeles

The buyer in this transaction was represented by Howard Reback from Reback Realty Inc. Steve Ravan and Julie Meggat, both from South Park Group Inc., acted as the seller's representatives. It's worth noting that South Park Group received multiple offers for the property and decided to proceed with an owner user buyer who was pre-qualified for a loan. The buyer intends to occupy the office space for their own business.

A special thanks goes to the team at Capital Trust Escrow, including Hami Gabayan and Emi Diaz, as well as Cheryl Yanez from Chicago Title Company, for their hard work in facilitating a timely closing of the escrow.

For owner user and investment opportunities in the Los Angeles area, interested parties can reach out to Steve Ravan and Julie Meggat at South Park Group.