South Park Group Inc. Acquires Retail Property In Los Feliz For $2.9M
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This Retail property located in CA was sold for $2,900,000 almost 3 years ago. The brokers of the deal were Tyler Strauss and Steve Ravan
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- Location1824 Hillhurst Ave, Central LA, Los Angeles, CA, USA
- Sale Price$2,900,000$1,315 PPSF
- Area2,204 SF
- Asset TypeRetail
- Parties2 Brokers, 1 Agency
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Deal Summary
SALE
IMAGE: @SteveRavan & @TylerStrauss
DATE: 04/19/2021
ADDRESS: 1824 Hillhurst Ave.
MARKET: Los Feliz
ASSET TYPE: Retail
BUYER’S REP: Steve Ravan @SteveRavan - South Park Group Inc. @SouthParkGroup
SELLER’S REP: Tyler Strauss @TylerStrauss - Faris Lee Investments
ASKING PRICE: $3,790,000
SALE PRICE: $2,900,000
SF: 2,204 ~ PPSF: $1,315
NOTES: Just Sold by @SteveRavan for 2nd time in 6 years. After originally selling for $2,200,000 in 2015, @SteveRavan sells this 1920s Craftsman restaurant property to an owner user Buyer for $2,900,000 ($1,315/SF).
Contact Steve Ravan at (323) 782-1262 or [email protected] for your office, retail, fitness or restaurant requirements, either for purchase or for lease. Learn more about Owner User or Investment Opportunities and Off Market Deals as the commercial real estate market begins to come back post-pandemic.
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1824 Hillhurst Avenue
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