SOLD
David Levy Of The Ketter Group Acquires Development Site On South Fairfax Ave For $4M
1550 South Fairfax Avenue, 1556 South Fairfax Avenue
Development Site
13,772 SF
13,772 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Development Site
13,772 sqft
This development site located at 1550 South Fairfax Ave and 1556 South Fairfax Ave has been sold. The buyer, David Levy of The Ketter Group, acquired the property for a price of $4,000,000. The asset type of this site is a development site, presenting an opportunity for future construction or redevelopment.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $4,000,000
- Buyer: David Levy - The Ketter Group
- Broker: Michael Kafaei
It is worth noting that the land backs to another current Ketter Group project, which is located at 1551-1557 S. Orange Grove. The neighboring site is currently undergoing entitlement for 30 units. Additionally, The Ketter Group is also in the midst of construction for a 45-unit development located three blocks west on the corner of Hi Point and Pickford.
For more information about The Ketter Group and their projects, visit their website at www.thekettergroup.com.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: David Levy @davidlevyla
DATE: 10/15/2019
ADDRESS: 1550 South Fairfax Ave, 1556 South Fairfax Ave
ASSET TYPE: Development Site
BUYER: David Levy - The Ketter Group
BROKERS: Michael Kafaei
PRICE: $4,000,000
BSF: 13,772 ~ PPBSF: $290.44.44
NOTES: The land backs to a site of another current Ketter Group project at 1551-1557 S. Orange Grove that is currently being entitled for 30 Units. Ketter Group is also under construction on a 45 Unit development 3 blocks west on the corner of Hi Point and Pickford. www.thekettergroup.comView on map
Loading...
Address1550 South Fairfax Avenue, 1556 South Fairfax Avenue
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want