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Melody Eshaghian Acquires Development Site In Inglewood For $10.99M

619 South Prairie Avenue
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This Development Site property located in CA was sold for $10,990,000 almost 2 years ago. The brokers of the deal were Nancy Bush, Mike McKinney, Kyle Woods, Austin Wolitarsky, Bill Durslag, Dan Riley, Simon Mattox, and Mitchell (Mitch) Stokes

Located at 619 S. Prairie Ave in Inglewood, this development site recently changed hands in a sale transaction. The property is a development site, offering the potential for future construction and expansion. The sale took place on 05/13/2022, and the buyer of the property was Melody Eshaghian. White & Day, represented by John Kirk, served as the seller in this transaction.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $10,990,000
  • Address: 619 S. Prairie Ave
  • Market: Inglewood

Mitchell Stokes from Madison Partners represented the buyer, Melody Eshaghian, in this sale. On the seller's side, CBRE acted as the representative, with Simon Mattox, Austin Wolitarsky, Dan Riley, Kyle Woods, Bill Durslag, Mike McKinney, and Nancy Bush from Lyon Stahl assisting in the transaction.

This sale involved a total sale price of $10,990,000. The Building Square Footage (BSF) measures approximately 40,580, resulting in a Price Per Building Square Foot (PPBSF) of $270.

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Deals
  • Location
    619 South Prairie Avenue, Inglewood, California 90301, United States619 South Prairie Avenue, Inglewood, California 90301, United States
  • Sale Price
    $10,990,000$10,990,000
    $270 PPSF$270 PPSF
  • Area
    40,580 SF40,580 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    8 Brokers, 3 Agencies8 Brokers, 3 Agencies

Agents

Nancy Bush

Nancy Bush

Deals5
Sold$90.1M

Kyle Woods

Kyle Woods

Deals15
Sold$375.7M

Dan Riley

Dan Riley

Deals17
Sold$524.7M

Bill Durslag

Bill Durslag

Deals17
Sold$391.9M

Austin Wolitarsky

Austin Wolitarsky

Deals17
Sold$391.9M

Simon Mattox

Simon Mattox

Deals18
Sold$397.7M

Agencies

Lyon Stahl Investment Real Estate

Lyon Stahl Investment Real Estate

Agency
Deals93
Volume$571.5M

CBRE

CBRE

Agency
Deals4231
Volume$184.3B

Avison Young

Avison Young

Agency
Deals808
Volume$17B

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Deal Summary

SALE IMAGE: Simon Mattox, Bill Durslag, Austin Wolitarsky, Kyle Woods & Dan Riley DATE: 05/13/2022 ADDRESS: 619 S. Prairie Ave. MARKET: Inglewood ASSET TYPE: Development Site BUYER: Melody Eshaghian SELLER: White & Day – John Kirk BUYER’S REP: Mitchell Stokes - Madison Partners SELLER’S REP: CBRE (@Socalretailadvisory) - Simon Mattox (@SimonMattox), Austin Wolitarsky (@Wallyboyuee), Dan Riley, Kyle Woods (@Kwoodz_), Bill Durslag & Lyon Stahl (@Lyonstahl) - Mike McKinney & Nancy Bush SALE PRICE: $10,990,000 BSF: 40,580 ~ PPBSF: $270

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619 South Prairie Avenue

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