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 11328 MAGNOLIA BLVD
NORTH HOLLYWOOD, CA 91601
just sold!

The Hirth Group is pleased to announce another successful closing of 11328 Magnolia Boulevard in prime North Hollywood! Ethan Donel, Alex Reyhan & Daniel Hirth represented the seller in this transaction by procuring nearly a dozen offers within the first two weeks of marketing. The Hirth Group was successful in breaking a record in North Hollywood at $547.35 a foot for an office building totaling ±3,654SF with excellent parking in the rear. The team started a strategic marketing campaign amidst the peak of the Covid-19 pandemic and overcame the hurdle of demand for office buildings. Ultimately, we sourced an all cash offer with a fifteen-day due diligence period at a fifty-five-day close.

SALE PRICE: $2,000,000

SINGLE TENANT RETAIL | BOAT REPAIR SHOP | SELLER CARRY FINANCING 

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THE TEAM

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Daniel Hirth

Managing Director

310.300.2838 Direct

818.201.5268 Mobile

Daniel@HirthGroup.com

License CA: 01515796

The sale

Covid-19 Closing | Multiple Offers
Recording Breaking Price Per SF: $547.35
Generated Multiple Offers within a Few Days of Marketing
All Cash Offer | 15 Day DD | 55 Day Close
±3,654 SF Building & ±5,475 SF Lot | Turnkey Grade A Asset
Prime North Hollywood Submarket | NoHo Art’s District

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2017 by THE HIRTH GROUP

KW Commercial CAL DRE 01499010