Los Angeles, Calif. (August 13, 2020) – A trophy high street retail property located at 10930 Weyburn Avenue in Los Angeles, California, has sold for $4,500,000. Kidder Mathews commercial real estate brokers, Darrell R. Levonian, Tanel Harunzade, and Brittney McCarthy, represented the seller, a local family, with the transaction.
10930 Weyburn Avenue in the heart of Los Angeles’ Westwood Village, one of the city’s most vibrant and unique communities situated near the UCLA campus. The total size of the building is approximately 3,200 square feet of improvements on 3,998 square feet of land. The property is located in a high barrier to entry market, consisting of two prominent retail storefronts with over 40 feet of frontage on Weyburn Avenue. The buyer was a local real estate investor.
About Kidder Mathews
Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast, with 900 real estate professionals and staff in 22 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project & construction management, and debt & equity finance services for all property types. The firm performs $9.6 billion in transactions, manages over 70 million square feet of space, and conducts over 1,680 appraisals annually. For more information, visit kidder.com.