David Berri Acquires Retail Property On Somerset Boulevard In Bellflower For $4M

A retail property located at 9355 Somerset Boulevard in Bellflower has been recently sold for $4,000,000. The property spans across 17,283 square feet, resulting in a price per square foot of $231. The transaction took place on July 21, 2023.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $4,000,000
• Square Footage: 17,283
• Price per Square Foot: $231
• Address: 9355 Somerset Boulevard, Bellflower
• Market: Bellflower

The buyer of the property is David Berri, while the seller is Shelly Han. Acting as the broker in this sale is Gabriel Talasazan from Beverly & Company. It's worth noting that this was an off-market real estate and business sale, featuring dual representation and a 60-day escrow period. The transaction was completed entirely in cash.