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Telos Properties Acquires Development Site In Los Angeles For $855,000

11555 Kittridge Street
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This Development Site property located in CA was sold for $855,000 over 2 years ago. The broker of the deal was Thomas (Tom) DeLuca

A development site located at 11555 Kittridge St. in Los Angeles has been sold for a total price of $855,000. The site spans 6,856 square feet and was purchased by Telos Properties, represented by Josh Gorokhovsky. The seller, Lance Ruffenach, completed the transaction with the assistance of Thomas DeLuca from Cushman & Wakefield.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $855,000
  • Units: 5
  • Price per Unit: $171,000
  • Square Footage: 6,856
  • Price per Square Foot: $124
  • Buyer: Telos Properties - Josh Gorokhovsky
  • Seller: Lance Ruffenach
  • Broker: Thomas DeLuca - Cushman & Wakefield

This transaction represents a significant sale in the Los Angeles market. Telos Properties, led by Josh Gorokhovsky, has acquired the development site from Lance Ruffenach. Thomas DeLuca, representing Cushman & Wakefield, facilitated the deal. With a purchase price of $855,000 and a total area of 6,856 square feet, this sale adds to the thriving real estate landscape in Los Angeles.

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Deals
  • Location
    11555 Kittridge Street, North Hollywood, California 91606, United States11555 Kittridge Street, North Hollywood, California 91606, United States
  • Sale Price
    $855,000$855,000
    $124 PPSF$124 PPSF
  • Area
    6,856 SF6,856 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Thomas (Tom) DeLuca

Thomas (Tom) DeLuca

Deals10
Sold$91.3M

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

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Deal Summary

SALE IMAGE: Josh Gorokhovsky DATE: 12/24/2021 ADDRESS: 11555 Kittridge St. MARKET: Los Angeles ASSET TYPE: Development Site BUYER: Telos Properties (@TelosProperties) - Josh Gorokhovsky (@JoshGorok) SELLER: Lance Ruffenach BROKER: Thomas DeLuca - Cushman & Wakefield (@CushWake) SALE PRICE: $855,000 UNITS: 5 ~ PPU: $171,000 SF: 6,856 ~ PPSF: $124

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11555 Kittridge Street

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