The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 29, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



SOUTHERN CALIFORNIA NEWS
Printer-friendly Version   Email an Associate
Office Property in L.A.’s SoRo Neighborhood Lands New Owner in $6 Mil Deal

11/16/22

A 14.3k sf office property in the South Robertson neighborhood of Los Angeles was purchased for $6 mil ($420) by a non-profit user. The unique property includes two adjacent parcels of land at 1818 and 1824 South Robertson Blvd, south of Pico Blvd.

The buildings were constructed separately and then connected by a previous owner. The space has undergone renovations throughout including a large rooftop deck at 1818 Robertson with expansive views of the city and Hollywood Sign.

The location of the property served as a significant selling point. It is situated between the Beverlywood, Crestview and La Cienega Heights area — offering a mix of urban and suburban surroundings with nearby retailers, restaurants, and parks.

Kidder Mathews’ Tanel Harunzade, Darrell Levonian, Brittney McCarthy and Michael Daniels represented the seller, a private LLC.

“Raising interest rates impacted the financing, but the market fundamentals of well-located real estate created demand from multiple buyers seeking to use the property,” said Harunzade.





Return to the Archive page


 


 


 


 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media