Leimert Park Holdings Acquires Retail Property From K.N.M Auto Sales For $4.4M

The property asset involved in the transaction is a retail space located at 3443 West 43rd Street in Los Angeles. The sale was finalized at a price of $4,400,000, encompassing a total square footage of 12,963, resulting in a price per square foot of $339.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,400,000
• Address: 3443 West 43rd Street
• Market: Los Angeles
• Buyer: Leimert Park Holdings
• Seller: K.N.M Auto Sales
• Buyer's Representative: Tom Korey - Commercial Asset Group
• Seller's Representatives: David Passman, Ricky Mitchell & Darren Segal - The Passman Group
• Square Footage: 12,963
• Price per Square Foot: $339

The transaction was represented by Tom Korey on behalf of the buyer, Leimert Park Holdings, while the seller, K.N.M Auto Sales, was represented by David Passman, Ricky Mitchell, and Darren Segal from The Passman Group, highlighting a professional collaboration between the involved parties in this retail asset sale.