Ascend Properties Group Acquires Culver City Retail Property On Sepulveda Blvd. For $7.1M

Located in Culver City, the retail property at 4235 Sepulveda Blvd. has recently been sold. The transaction took place on 05/10/2022, with a sale price of $7,100,000. The property spans over 9,308 square feet, resulting in a price per square foot of $762. The buyer of the property was Ascend Properties Group, while the seller was Adopt & Shop Sepulveda. Ron Burkhardt from Newmark represented both parties as the broker in this deal.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $7,100,000
• Address: 4235 Sepulveda Blvd.
• Market: Culver City
• Buyer: Ascend Properties Group
• Seller: Adopt & Shop Sepulveda
• Broker: Ron Burkhardt - Newmark
• Square Footage: 9,308
• Price per Square Foot: $762

Kevin Lachoff and Ron Burkhardt were involved in the transaction as shown in the image on Instagram.