2600 Sunset Blvd Restaurant Retail Sold For $3.3M To 2600 Sunset Blvd LLC

The property involved in this closed transaction is a Restaurant Retail with a parking lot located at 2600 - 2608 Sunset Blvd in Los Angeles, specifically in the Silver Lake / Echo Park market. The property spans 3,770 square feet and was sold for a price of $3,300,000, resulting in a price per square foot of $875.

Summary of transaction details

• Property Type: Restaurant Retail with parking lot
• Transaction Amount: $3,300,000
• Date: 05/07/2018
• Address: 2600 - 2608 Sunset Blvd, Los Angeles
• Market: Silver Lake / Echo Park
• Square Footage: 3,770 SF
• Price per Square Foot: $875

The sellers of this property were Amnaj Lungorn and Kumwang Wandee, who are the owners of Mae Ploy restaurant. On the other hand, the buyer was 2600 Sunset Blvd LLC, with Saeed Babeean as the buyer's representative. The transaction was facilitated by South Park Group Inc., specifically Steve Ravan, representing the buyer in an all-cash deal. The deal also included the Mae Ploy restaurant business and a beer/wine license. It is noteworthy that a new restaurant and retail space are expected to be operational in Fall 2018.