Goldrich & Kest Industries Acquires Retail Property In West Covina For $44.8M | 1234 West Cameron Avenue | Shane Shafer | Retail | Sale

Summary

Sale

CALIFORNIA

Retail

1,874 sqft

The property involved in this transaction is a retail asset located at 1234 West Cameron Avenue in Los Angeles, in the West Covina market. The property was sold for a price of $44,800,000.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $44,800,000
Buyer: Goldrich & Kest Industries - Barry Cayton and Ezra Kest, M.D.
Seller: Waterton Associates - David Schwartz
Broker: Shane Shafer of Berkadia

The buyer of this property is Goldrich & Kest Industries, represented by Barry Cayton and Ezra Kest, M.D. The seller is Waterton Associat

Players

All
2

Agents
1
Agencies
1

Shane Shafer

Managing Director

$695.6M Sold

Details

Deal Summary

SOLD

IMAGE: Barry Cayton, Ezra Kest, M.D., Shane Shafer and David Schwartz DATE: 03/26/18 ADDRESS: 1234 West Cameron Avenue CITY: Los Angeles MARKET: West Covina ASSET TYPE: Retail PRICE: $44,800,000 BUYER: Goldrich & Kest Industries - Barry Cayton and Ezra Kest, M.D. SELLER: Waterton Associates - David Schwartz BROKER: Shane Shafer of Berkadia NOTE: The Sunset Plaza apartment complex, at 1234 W. Cameron Ave., is spread across five buildings, making the sale pencil out at $246,000 per unit. Waterton purchased the property in 2015 for $27.4 million. The complex was built in 1962 and renovated in 2006. (TRD)

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Address1234 West Cameron Avenue

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