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2266 - 2274 Westwood Boulevard
SOLD

John Horst Acquires Westwood Boulevard Property In Los Angeles For $5.25M

2266 - 2274 Westwood Boulevard

Retail
10,880 SF
clock iconSold 19 days ago
Evan Weiss
Michael Lushing
Martin McDermott
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Summary

Sale
CALIFORNIA
Retail
10,880 sqft

The property located at 2266 - 2274 Westwood Boulevard in Los Angeles, with a total of 5,440 square feet, was sold as an owner/user asset transaction. The deal was finalized for the full asking price of $5,250,000, equating to a price per square foot of $965.

Summary of transaction details:

  • Property Type: Owner/User
  • Transaction Amount: $5,250,000
  • Buyer: John Horst - Horst Family Properties, LLC
  • Seller: David, Nancy & Rosa Safai - Sheil Family Trust
  • Buyer's Representative: Evan Weiss - Weiss-CRE & Michael Lushing - Lushing Realty Advisors
  • Seller's Representative: Martin McDermott - Method Commercial
  • Square Footage: 5,440 SF
  • Price per Square Foot: $965

The buyer, John Horst of Horst Family Properties, LLC, expressed gratitude to all involved in the successful completion of the transaction. Special recognition was given to Marc Iacono for his exceptional efforts in securing the necessary financing and lending for the acquisition.

Players

  • All

    6

  • Agents

    3

  • Agencies

    3

Evan Weiss's profile picture
Evan Weiss
Weiss CRE-image
President
$21.3M Sold
Michael Lushing's profile picture

Details

Deal Summary
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SOLD
IMAGE: Martin McDermott, Evan Weiss & Michael Lushing DATE: 04/17/2024 ADDRESS: 2266 - 2274 Westwood Boulevard MARKET: Los Angeles ASSET TYPE: Owner/User BUYER: John Horst - Horst Family Properties, LLC SELLER: David, Nancy & Rosa Safai - Sheil Family Trust BUYER'S REP: Evan Weiss (@Evanofweiss) – Weiss-CRE & Michael Lushing (@Mlushing) - Lushing Realty Advisors SELLER'S REP: Martin McDermott - Method Commercial ASKING PRICE: $5,250,000 SALE PRICE: $5,250,000 SF: 5,440 ~ PPSF: $965 NOTE FROM BUYER'S REP: The land consists of 2 lots, for a combined total of 13,208 SF. Thank you to everyone involved in this transaction. We couldn't have done it without everyone that participated in making this deal come to fruition. A special thank you to Marc Iacono who went above and beyond to secure the financing/lending.

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Address2266 - 2274 Westwood Boulevard

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