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544, 550 South Wilton Avenue
SOLD

Adam Surnow Acquires Dev Site In Koreatown For $2.9M

544, 550 South Wilton Avenue

Development Site
40,000 SF
clock iconSold 1 year ago
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Summary

Sale
CALIFORNIA
Development Site
40,000 sqft

A development site located at 544 and 550 S Wilton Ave in Koreatown was recently sold for $2,900,000. The property was listed for an asking price of $3,200,000. Spanning over 40,000 square feet, the site offers a price per buildable square foot of $72. The transaction took place on March 26, 2021.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $2,900,000
  • Address: 544, 550 S Wilton Ave
  • Market: Koreatown
  • Asking Price: $3,200,000
  • Buildable Square Footage: 40,000
  • Price per Buildable Square Foot: $72

The transaction was facilitated by Jonathan Sanchez, who represented the buyer Adam Surnow throughout the deal.

Players

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    2

  • Agents

    1

  • Agencies

    1

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Jonathan Sanchez
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Agent
$9.4M Sold

Details

Deal Summary
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SOLD
IMAGE: Adam Surnow @ASurnow DATE: 03/26/2021 ADDRESS: 544, 550 S Wilton Ave MARKET: Koreatown ASSET TYPE: Dev Site BUYER: Adam Surnow @ASurnow BROKER: Jonathan Sanchez (@MrJonathanSanchez) ASKING PRICE: $3,200,000 SALE PRICE: $2,900,000 BSF: 40,000 ~ PPBSF: $72

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Address544, 550 South Wilton Avenue

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