CLOSED ESCROW
1521 w. manchester ave
LOS ANGELES, CA 90047
SALE HIGHLIGHTS
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Sale Price: $1,025,000
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Price/Building SF: $159
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Multiple Offers Generated
THE ASSET
Daniel Hirth & Elijah Suval of The Hirth Group are pleased to announce another successful closing! Through our dynamic marketing platform we were able to achieve multiple offers, resulting in a multiple counter, and successfully close the transaction. The competitively priced, exclusively listed multi-tenant retail building sold before hitting the market to an all cash buyer with a 45 day escrow and no retrade. Manchester Avenue is a prominent retail corridor in close proximity to the burgeoning Inglewood and its influx of development. All tenants are on month to month leases allowing new ownership to develop the ±11,831 SF lot or to reposition the asset by raising rents to market value.