Christina Development Corp. Acquires Retail Property In Larchmont Village For $23.5M
124-128 North Larchmont Boulevard
17,000 SF
Summary
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)
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