Avondale Equities & Oh Polly USA, Inc. Acquire Retail Property On Melrose Avenue In Los Angeles For $6.85M

The retail property located at 7975-7977 & 8001 Melrose Avenue in Los Angeles has been sold for a price of $6,850,000. The property spans across 6,422 square feet, resulting in a price per square foot of $1,067.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $6,850,000
• Square Footage: 6,422
• Price per Square Foot: $1,067
• Market: Los Angeles

The buyers of the property are Avondale Equities & Oh Polly USA, Inc. Representing the seller in this transaction were Ed Sachse, Jaysen Chiaramonte, and Jack Nathan from Kennedy Wilson Property Services.