Legacy Buyer Acquires Holmby Hall Retail Property In Los Angeles For $32.675 Million

A historic retail property located at 921 Westwood Boulevard in Los Angeles’ Westwood Village has been sold for $32.675 million. The asset encompasses 50,800 square feet on a 0.73-acre lot, presenting an opportunity in a desirable market. The price translates to $643 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $32,675,000
• Address: 921 Westwood Boulevard
• Market: Los Angeles
• Square Footage: 50,800
• Price per Square Foot: $643

The deal was facilitated by brokers Tanel Harunzade and Darrell Levonian from Kidder Mathews, along with David Saghian from Lyon Stahl Investment Real Estate, who represented the seller in this transaction.