facebook
Traded Co logo
Submit a Deal

Nita Lederman Sells Koreatown Retail Property For $2.5M

311 South Vermont Avenue
PointingArrow
ShareContact

This Retail property located in CA was sold for $2,500,000 almost 2 years ago. The brokers of the deal were Brandon Michaels, Matthew Luchs, and Andrew Leff

Located in Koreatown, the property at 311 S. Vermont Ave. was recently sold in a retail transaction. The deal was facilitated by Nita Lederman as the seller. The transaction was handled by The Brandon Michaels Group, represented by brokers Brandon Michaels, Matthew Luchs, and Andrew Leff. The property spans 4,753 square feet and was sold for a price of $2,500,000, resulting in a price per square foot of $525. The transaction also yielded a cap rate of 3.31%.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,500,000
  • Square Footage: 4,753
  • Price per Square Foot: $525
  • Cap Rate: 3.31%
  • Address: 311 S. Vermont Ave.
  • Market: Koreatown

The deal at 311 S. Vermont Ave. involved key individuals such as Nita Lederman as the seller and The Brandon Michaels Group as the broker. Lederman played a pivotal role in the transaction, while Brandon Michaels, Matthew Luchs, and Andrew Leff represented The Brandon Michaels Group in the deal.

View Related

Deals
  • Location
    311 South Vermont Avenue, Los Angeles, California 90020, United States311 South Vermont Avenue, Los Angeles, California 90020, United States
  • Sale Price
    $2,500,000$2,500,000
    $526 PPSF$526 PPSF
  • Area
    4,753 SF4,753 SF
  • Asset Type
    RetailRetail
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Matthew Luchs

Matthew Luchs

Deals76
Sold$363.7M

Andrew Leff

Andrew Leff

Deals22
Sold$85.9M

Agencies

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

The CREM Group

The CREM Group

Agency
Deals24
Volume$91.1M

Social

Deal Summary

SALE IMAGE: Matthew Luchs, Brandon Michaels & Andrew Leff DATE: 04/04/2022 ADDRESS: 311 S. Vermont Ave. MARKET: Koreatown ASSET TYPE: Retail SELLER: Nita Lederman BROKERS: Brandon Michaels (@BrandonMichaelsGroup), Matthew Luchs (@MatthewLuchs) & Andrew Leff (@ALeff5212) - The Brandon Michaels Group SALE PRICE: $2,500,000 SF: 4,753 ~ PPSF: $525 CAP RATE: 3.31%

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

311 South Vermont Avenue

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits