Private Burbank Family Trust Acquires Retail Property On San Vicente Blvd In Los Angeles

The retail property located at 5520 San Vicente Blvd in Los Angeles has recently been sold. The transaction took place on May 10, 2018. The property is situated in the Mid-Wilshire /Miracle Mile market area and spans across 4,200 square feet. The total land size is 11,000 square feet, making it a substantial space for retail operations.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $4,250,000
• Building Size: 4,200 square feet
• Land Size: 11,000 square feet
• Price per Square Foot: $1,011

The property was sold for a total price of $4,250,000, with a price per square foot of $1,011. The buyer of the property is the Private Burbank Family Trust, while the seller is Wilshire Vista, LLC. Notably, David Aschkenasy of Commercial Asset Group represented both the buyer and the seller in this transaction.