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Christina Development Corp. Acquires Retail Property In Larchmont Village For $23.5M

Property Image
SOLD
$23,500,000
Matthew Dobson
Joshua Levy
Elsa Nelson
+ 1

California

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Retail17,000 SF
Sold 10/12/2018
the dealplayerscompscontact
Property Image
SOLD

Christina Development Corp. Acquires Retail Property In Larchmont Village For $23.5M

128 North Larchmont Boulevard, Los Angeles, CA, USA

See Similar Deals
Retail17,000 SF
Sold 10/12/2018
Matthew Dobson
Joshua Levy
Elsa Nelson
+ 1
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$1,382
Total Square Footage:17,000 SF
Transaction Type:Sale

The retail property located at 124-128 N Larchmont Blvd in Larchmont Village, LA has been sold. The transaction took place on 10/12/2018 and the property was purchased for a total price of $23,500,000. The retail space spans 17,000 square feet and has a price per square foot of $1,372.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $23,500,000
  • Address: 124-128 N Larchmont Blvd
  • Market: Larchmont Village, LA

The buyer of the property is Christina Development Corp., while the seller is the Charlotte Lipson Trust of Studio City. The deal was facilitated by broker representatives Elsa Nelson and Albert McLaughlin of Nelson Shelton Real Estate, along with Matthew Dobson and Joshua Levy of Arbor Realty Capital Advisors.

"The new owner is really a perfect fit for this property," Levy said in a statement. "He is truly a steward of real estate and has strong family ties to the (nearby) Hancock Park neighborhood." (LABJ)

Players

Elsa Nelson
Elsa Nelson
1 deal$23.5M volume
BROKER
AM
Albert McLaughlin
1 deal$23.5M volume
BROKER
Matthew Dobson
Matthew Dobson
1 deal$23.5M volume
BROKER
Joshua Levy
Joshua Levy
1 deal$23.5M volume
BROKER
AC
AK Development Corp.
BUYER

Details

SOLD
IMAGE: Joshua Levy, Matthew Dobson and Elsa Nelson DATE: 10/12/2018 ADDRESS: 124-128 N Larchmont Blvd MARKET: Larchmont Village, LA ASSET TYPE: Retail PRICE: $23,500,000 SF: 17,000 PPSF: $1,372 BROKERS: Elsa Nelson and Albert McLaughlin of Nelson Shelton Real Estate, Matthew Dobson and Joshua Levy of Arbor Realty Capital Advisors BUYER: Christina Development Corp. SELLER: Charlotte Lipson Trust of Studio City NOTE: “The new owner is really a perfect fit for this property,” Levy said in a statement. “He is truly a steward of real estate and has strong family ties to the (nearby) Hancock Park neighborhood.” (LABJ)

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