SOLD
Elly Foroosh Acquires Retail Property On Santa Monica Blvd. In West Los Angeles
10961-10667 Santa Monica Boulevard
Retail
2,025 SF
2,025 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Retail
2,025 sqft
Located in West Los Angeles, a retail property at 10961-10667 Santa Monica Blvd. has been sold for a price of $7,050,000. The property spans a total area of 2,025 square feet, resulting in a price per square foot of $3,481. With a capitalization rate of 4.52%, this transaction represents a significant investment opportunity in the market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,050,000
- Address: 10961-10667 Santa Monica Blvd., West Los Angeles
- Market: West Los Angeles
- Asset Type: Retail
The buyer, Elly Foroosh, acquired the property from the seller, George Murchison. Representing the buyer in this transaction was Michael Gonzales from the Gonzales Law Group. On the seller's side, the transaction was facilitated by Dan Riley, Austin Wolitarsky, Simon Mattox, Bill Durslag, Kyle Woods, and Sam Aaron of CBRE. These individuals and companies played integral roles in negotiating and finalizing the deal, ensuring a successful transaction for all parties involved.
Players
All
9
Agents
7
Agencies
2
Details
SOLD
IMAGE: Simon Mattox, Bill Durslag, Dan Riley, Kyle Woods, Austin Wolitarsky & Sam Aaron
DATE: 10/22/2021
ADDRESS: 10961-10667 Santa Monica Blvd.
MARKET: West Los Angeles
ASSET TYPE: Retail
BUYER: Elly Foroosh
SELLER: George Murchison
BUYER’S REP: Michael Gonzales - Gonzales Law Group
SELLER’S REP: Dan Riley, Austin Wolitarsky (@WallyBoyuee), Simon Mattox (@SimonMattox), Bill Durslag, Kyle Woods (@KWoodz_) & Sam Aaron - CBRE (@SocalRetailAdvisory)
SALE PRICE: $7,050,000
SF: 2,025 ~ PPSF: $3,481
CAP: 4.52%View on map
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Address10961-10667 Santa Monica Boulevard
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