Daniel Hirth and Alex Reyhan of The Hirth Group are pleased to announce another successful closing! 1212 S. Westmoreland Avenue is located between Pico Blvd and Olympic Blvd in the highly sought after submarket of Koreatown. Daniel Hirth and & Alex Reyhan represented both the buyer and seller in this transaction. The subject property came to market before the Covid-19 pandemic and through our dynamic marketing platform we were able to procure an all cash, non-contingent offer with a $500,000 deposit passed through to seller at open of escrow with a 10 day close! The asset consists of an empty lot totaling 11,739 SF lot with a potential development opportunity with the 38 unit plans or 48 units with TOC incentives.