SOLD
LS Urban Properties Acquires Mixed-Use Property In Highland Park For $5.77M
5526, 5532 North Figueroa Street
Mixed-use
9,101 SF
9,101 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Mixed-use
9,101 sqft
The mixed-use property located at 5526, 5532 N. Figueroa St in Highland Park, was recently sold. The sale took place on 06/12/2019 for a total price of $5,775,000. The property spans a total area of 9,101 square feet, resulting in a price per square foot of $634.55.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $5,775,000
- Square Footage: 9,101
- Price per Square Foot: $634.55
- Address: 5526, 5532 N. Figueroa St
- Market: Highland Park
The buyer of the property is LS Urban Properties, while the seller is Nela Development. The deal was facilitated by brokers Dana Brody, Nicole Mihalka, and Aram Pogosian from JLL. It is worth mentioning that these properties were sold together as a two-property portfolio. This follows the record-breaking sale of The Fig Collection Portfolio (5711, 5717 & 5900 N. Figueroa) in 2018, which was also brokered by Dana Brody of JLL.
Players
All
6
Agents
3
Agencies
3
Details
SOLD
IMAGE: Dana Brody @db_takes_la & Nicole Mihalka
DATE: 06/12/2019
ADDRESS: 5526, 5532 N. Figueroa St
MARKET: Highland Park
ASSET TYPE: Mixed-Use
PRICE: $5,775,000
SF: 9,101
PPSF: $634.55.55
BUYER: LS Urban Properties
SELLER: Nela Development
BROKERS: Dana Brody, Nicole Mihalka, Aram Pogosian @JLL
NOTES: Properties were sold together as two property portfolio, following Dana Brody of JLL's record breaking sale of The Fig Collection Portfolio (5711, 5717 & 5900 N. Figueroa) in 2018.View on map
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Address5526, 5532 North Figueroa Street
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