US Cosmo Plastics Sells Retail Property In Los Angeles For $5M

Located at 627 N. Vermont Avenue in Los Angeles, this retail property was recently sold in a transaction completed on 03/24/2021. The asset, spanning 9,716 square feet, was purchased by an undisclosed buyer for a sale price of $5,000,000. The property was previously owned by US Cosmo Plastics and was listed with an asking price of $4,950,000. The sale price translates to a price per square foot of $514.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5,000,000
• Address: 627 N. Vermont Avenue, Los Angeles
• Market: Los Angeles
• Square Footage: 9,716

The sale of this retail property was facilitated by Elizabeth Clark and Laura Milshteyn, both representatives from Compass. They acted as brokers in the transaction. Their roles were critical in ensuring the successful completion of the deal.