Jim's Auto Sales Acquires 17,000 SF Medical Building Package In Harbor City For $5.75M | 25617 Dodge Avenue | Simon Mattox, Rodman Amiri | Package Deal | Sale

Summary

Sale

CALIFORNIA

Package Deal

17,000 sqft

A package deal consisting of a 17,000 square foot medical building and two residential development lots located at 25617 Dodge Ave in Harbor City has been sold. The transaction was completed on December 24, 2020, with the buyer being Jim's Auto Sales (@JasincMotoring) and the seller being Harbor City Dental Properties LLC.

Summary of transaction details:

Property Type: Package Deal
Transaction Amount: $5,750,000
Square Footage: 17,000
Price per Square Foot: $329
Capitalization Rate: 5.90%

Rodman Amiri (@Rodman8600) from Merit Real Estate (@MeritRealEstate) represented the buyer, Jim's Auto Sales, while Simon Mattox (@SimonMattox) from CBRE represented the seller, Harbor City Dental Properties LLC. It is worth noting that this transaction involved the purchase of three parcels, including the medical building and the two residential development lots.

Players

All
3

Agents
2
Agencies
1

$397.7M Sold

$11.2M Sold

Details

Deal Summary

SOLD

IMAGE: Rodman Amiri & Simon Mattox DATE: 12/24/2020 ADDRESS: 25617 Dodge Ave MARKET: Harbor City ASSET TYPE: Package Deal BUYER: Jim's Auto Sales @JasincMotoring SELLER: Harbor City Dental Properties LLC BUYER’S REP: Rodman Amiri @Rodman8600 - Merit Real Estate @MeritRealEstate SELLER’S REP: Simon Mattox @SimonMattox - CBRE PRICE: $5,750,000 SF: 17,000 ~ PPSF: $329 CAP: 5.90% NOTE: Package three parcel purchase, 17,000 sf medical building + 2 residential development lots

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Address25617 Dodge Avenue

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