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July 22, 2018
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Los Angeles Retail Asset Sells for $563/sf

4/06/18

A private investor paid $10.3 mil for La Brea Sunset Plaza, an 18.3k sf ($563/sf), two-story retail property in Los Angeles.

Built in 1978, La Brea Sunset Plaza sits on a 24k sf parcel at 1523 North La Brea Ave, just noth of Sunset Blvd. The property is currently 100% occupied and benefits from a highly visible fašade facing La Brea Ave.

Mike Malick and Aria Pournazarian with Marcus & Millichap represented the buyer and the seller, tenants in common.





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