Los Angeles County Investor Acquires Retail Building In Yucca Valley For $1.9M

A 13,593-sf multi-tenant retail building located at 57990 29 Palms Highway in Yucca Valley was sold for $1,900,000. The property is situated in a market known for its retail opportunities and was transferred between two Los Angeles County investors.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,900,000
• Square Footage: 13,593
• Price Per Square Foot: $140
• Address: 57990 29 Palms Highway
• Market: Yucca Valley
• Broker: Lance Mordachini - Progressive Real Estate Partners
• Buyer Representation: Self-represented

The transaction saw Lance Mordachini of Progressive Real Estate Partners represent the seller in the deal, while the buyer opted to handle the transaction without representation. This highlights the dynamics of investment in the retail sector within the Yucca Valley area.