SOLD
Fashion District, Downtown LA Retail Property Acquired For $8.75M
310 East 9th Street
Retail
15,734 SF
15,734 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Retail
15,734 sqft
The Sale of a Ground Lease with 9 years remaining was recently completed in the Fashion District of Downtown Los Angeles. The property, located at 310 E 9th St, is a retail asset with a total square footage of 15,734. The transaction took place on June 21, 2019, and the buyer purchased the land only for a price of $8,750,000. The price per square foot was approximately $556.12.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $8,750,000
- Square Footage: 15,734
- Address: 310 E 9th St
- Market: Fashion District, Downtown Los Angeles
The brokers involved in the sale were Brandon Michaels and Ben Brownstein. They represented the buyer in this transaction. The deal was facilitated by Ben Brownstein, a representative from the buyer's side. No additional details were provided regarding the parties involved in the deal.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Ben Brownstein @thewittybroker & Brandon Michaels
DATE: 06/21/2019
ADDRESS: 310 E 9th St
MARKET: Fashion District, Downtown Los Angeles
ASSET TYPE: Retail
PRICE: $8,750,000
SF: 15,734
PPSF: $556.12.12
BROKERS: Brandon Michaels, Ben Brownstein
NOTES: The Sale was the Sale of a Ground Lease with 9 years remaining. Buyer was Purchasing the Land Only.View on map
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Address310 East 9th Street
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