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728 West Vernon Avenue
SOLD

Brad Umansky & Lance Mordachini Of Progressive Real Estate Partners Facilitate $3.5M Sale Of Retail Center In Los Angeles

728 West Vernon Avenue

Retail
6,300 SF
clock iconSold 37 days ago
Brad Umansky
Lance Mordachini
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Summary

Sale
CALIFORNIA
Retail
6,300 sqft

The retail center located at 728 West Vernon Avenue in Los Angeles was sold for $3.5 million. This property spans 6,300 square feet and was acquired by a local investor. The transaction was facilitated by Brad Umansky and Lance Mordachini from Progressive Real Estate Partners. Tenants in the retail center include 7-Eleven, Boost Mobile, and a laundromat.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $3,500,000
  • Address: 728 West Vernon Avenue
  • Market: Los Angeles
  • Square Footage: 6,300
  • Brokers: Brad Umansky & Lance Mordachini - Progressive Real Estate Partners

The sale of the retail center at 728 West Vernon Avenue in Los Angeles involved a local investor and was managed by Brad Umansky and Lance Mordachini from Progressive Real Estate Partners. The property featured popular tenants such as 7-Eleven, Boost Mobile, and a laundromat, with both the buyer and seller based in Los Angeles County.

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Brad Umansky's profile picture
Brad Umansky
Progressive Real Estate Partners-image
President & Head Coach
$29.3M Sold

Details

Deal Summary
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SOLD
IMAGE: Brad Umansky & Lance Mordachini DATE: 05/07/2024 ADDRESS: 728 West Vernon Avenue MARKET: Los Angeles ASSET TYPE: Retail BROKERS: Brad Umansky & Lance Mordachini (@lancemordachini) - Progressive Real Estate Partners (@ProgressiveRealEstatePartners) SALE PRICE: $3,500,000 SF: 6,300 ~ PPSF: $556 NOTE: Progressive Real Estate Partners facilitated the sale of a 6,300-square-foot retail center on 728 W. Vernon Ave. in Los Angeles to a local investor for $3.5 million. The property, featuring tenants like 7-Eleven, Boost Mobile, and a laundromat, was sold by a seller also based in Los Angeles County, with representation from Brad Umansky and Lance Mordachini of Progressive Real Estate Partners for both parties involved in the transaction.

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Address728 West Vernon Avenue

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