Andre Herrero Acquires Historic Filipinotown Office Building For $2.75M

The office property located at 3121 W. Temple St. in Historic Filipinotown was recently sold in a transaction. This property spans a total area of 6,300 square feet and is classified as an office asset. It was sold at an asking price of $2,750,000, resulting in a price per square foot of $436.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $2,750,000
• Address: 3121 W. Temple St.
• Market: Historic Filipinotown
• Buyer: Andre Herrero
• Seller: Mario Sanchez
• Buyer's Representative: Joshua Nixon - Westside Estate Agency
• Seller's Representatives: Jeremy Shore & Oron Maher - Maher Commercial Realty
• Square Footage: 6,300
• Price per Square Foot: $436

In this transaction, Andre Herrero acted as the buyer of the property, while the seller was Mario Sanchez. Joshua Nixon from Westside Estate Agency represented the buyer, and the seller was represented by Jeremy Shore and Oron Maher from Maher Commercial Realty.

It is worth noting that the property was sold at the asking price and was acquired by an owner-user. The seller's representatives leveraged multiple qualified offers to ensure the highest possible price for the seller.