Gus Angelopoulos Sells Retail Property At 240 West Adams Boulevard For $2.1M In Los Angeles

The asset involved in the transaction is a retail property located at 240 West Adams Boulevard, Los Angeles. The sale price of the property was $2,100,000, with a total square footage of 2,080, resulting in a price per square foot of $1,009.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,100,000
• Square Footage: 2,080
• Price Per Square Foot: $1,009
• Seller: Gus Angelopoulos
• Brokers: Anthony Karimian & Conrad Sarreal - Matthews
• 1031 Qualified Intermediary: Deferred
• Market: Los Angeles

This transaction was facilitated by Anthony Karimian and Conrad Sarreal, who represented the seller, Gus Angelopoulos, in the deal. The sale was part of a 1031 exchange, ensuring tax deferral for the seller through the involvement of Deferred as the qualified intermediary.