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5901 Melrose Ave
SOLD

Ventana Ventures Acquires Retail Property On Melrose Ave In Los Angeles From Gintel Family For $5M

5901 Melrose Ave

Retail
9,000 SF
clock iconSold 1 year ago
Ben Silver
Evan Jurgensen
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Summary

Sale
CALIFORNIA
Retail
9,000 sqft

The retail property located at 5901 Melrose Ave in Los Angeles has been sold in a closed transaction. The property spans 9,000 square feet and was sold for a total price of $5,000,000, resulting in a price per square foot of $556. The transaction took place on 02/24/2023.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,000,000
  • Square footage: 9,000
  • Price per square foot: $556
  • Address: 5901 Melrose Ave, Los Angeles
  • Market: Los Angeles

The buyer of the property is Ventana Ventures, while the seller is the Gintel Family. The deal was facilitated by brokers Ben Silver from JLL and Evan Jurgensen from Lee & Associates.

Players

  • All

    4

  • Agents

    2

  • Agencies

    2

Ben Silver's profile picture
Ben Silver
JLL-image
Senior Vice President
$5M Sold

Details

Deal Summary
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SOLD
IMAGE: Ben Silver & Evan Jurgensen DATE: 02/24/2023 ADDRESS: 5901 Melrose Ave MARKET: Los Angeles ASSET TYPE: Retail BUYER: Ventana Ventures (@Ventana_Ventures) SELLER: Gintel Family BROKERS: Ben Silver - JLL (@JLL) & Evan Jurgensen (@EJurgensen) - Lee & Associates (@LeeandAssociates) SALE PRICE: $5,000,000 SF: 9,000 ~ PPSF: $556

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Address5901 Melrose Ave

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