11300 Nebraska Avenue, Los Angeles, CA 90025
SALE PRICE: $4,100,000
Daniel Hirth and Alex Reyhan of The Hirth Group are pleased to announce another successful closing of 11300 Nebraska Avenue! The Hirth Group was able to identify a Buyer looking to acquire more assets in West Los Angeles. We were able to negotiate on behalf of the Seller and Buyer an all cash offer with a 30 day due diligence period and a 60 day close!
11300 Nebraska Avenue is located prime West Los Angeles, the corner of Sawtelle Boulevard and Nebraska Avenue. The building is a mixed use asset, comprising of a restaurant and three residential units. With 4,023 SF of building on a 7,383 SF lot. Even though tenants were behind in rents due to Covid 19, we were able to address the issue and ensure a smooth closing. The subject property sold for $4,100,000 at $1,019 / SF of building.