LOS ANGELES, CA – 08/24/2017 (PRESS RELEASE JET) — A private seller has sold a two-story West Los Angeles office building in a $2,300,000 off-market deal.
Located at 2330 Westwood Boulevard, the 4,788-square foot, multi-tenant office building was sold at $480 per square foot. Nestled along Westwood Boulevard between major thoroughfares Olympic and Pico Boulevard, the 6,480-square foot lot houses several Mom and Pop office tenants.
Abundant walkable store-lined streets and an affluent residential demographic make West Los Angeles a popular retail and office submarket. “West Los Angeles is a highly desirable area for commerce,” said T.C. Macker, CCIM. “A great fit for the buyer who purchased the building as an owner-user.”
T.C. Macker, CCIM and Christian Holland of Coldwell Banker Commercial WESTMAC represented the seller. Eric Sackler of Coldwell Banker Commercial NRT represented the buyer.
About Coldwell Banker Commercial WESTMAC
Coldwell Banker Commercial WESTMAC is a Los Angeles based commercial real estate brokerage firm founded in 1988 by one of L.A.’s most recognized commercial real estate brokers Timothy C. Macker. Our firm is a full service real estate company that provides exemplary consultation, advisory and marketing services to property owners, users, developers and investors. Since 2000, the company has been an affiliate and franchisee of Coldwell Banker Commercial organization tracing its roots back to 1906.
Our 30+ professionals specialize in four distinct market niches: office, industrial, retail and multi-family properties. Among the primary services the firm provides are exclusive marketing of both for-sale and for-lease properties, representation of tenants seeking to lease commercial space, and consultation to real estate investors, developers and owners on the disposition or acquisition of commercial property.
Our standard is “The client’s best interest must be the guiding force behind all services.”