Frank Lawrence Acquires Retail Property In Tarzana From Sarah Evenhaim For $5 Million

The property located at 18934 Ventura Boulevard in Tarzana is a retail asset featuring a sale price of $5,000,000. The building encompasses a total square footage of 9,480, translating to a price per square foot of approximately $527.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,000,000
• Square Footage: 9,480
• Price Per Square Foot: $527
• Buyer: Frank Lawrence
• Seller: Sarah Evenhaim
• Buyer's Representative: Blas Fernandez & Brian Vu - Keller Williams
• Seller's Representatives: Ethan Donel, Alex Reyhan & Daniel Hirth - The Hirth Group
• Market: Tarzana
• Closing Date: 07/03/2024
• Transaction Type: All-cash offer
• Days to Close: 26

The successful transaction was facilitated by Ethan Donel, Alex Reyhan, and Daniel Hirth of The Hirth Group representing the seller, while Blas Fernandez and Brian Vu from Keller Williams represented the buyer. Notably, the transaction was completed within a tight timeframe of 26 days, demonstrating an efficient closing process.