Ryda Ventures Acquires Retail Property In West Hollywood From Bruce Lohman For $1.85M

This retail property is located at 7066 Santa Monica Boulevard in the West Hollywood market. The asset was sold for a total of $1,850,000, with a square footage of 1,974 and a price per square foot of $937.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,850,000
• Buyer: Ryda Ventures
• Seller: Bruce Lohman
• Brokers: Ty Del Re & Lorena Tomb - Urbanlime Real Estate

The transaction marks a significant milestone as it is the first sale in over 30 years, as noted by the brokers Ty Del Re and Lorena Tomb. The property was sold off market, indicating unique conditions surrounding the deal.