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12/28/16
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A 15.1k sf office building in Eagle Rock traded hands in a recent $4.2 mil ($278/sf) transaction. The building is located at 7462 North Figueroa St, in northeast Los Angeles County.
Built in 1966, the two-story building was designed by architect Harlan Pedersen. It was completely remodeled in 2009 to accentuate its mid-century modern post and beam design.
The property sits on approximately 19.7k sf of land in a serene campus setting. Situated close to the 134 Fwy, the building is in a central location near Pasadena, Downtown Los Angeles, Glendale and Burbank. It was 100% occupied at the time of the sale.
Dan Bacani and Dave Maron with NAI Capital’s Pasadena office represented the seller, Khaled Tawansy, M.D. Inc. The buyer was Paka Propertiers LLC.
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