Curated News
By: NewsRamp Editorial Staff
June 26, 2024
WESTMAC Commercial Brokerage Arranges Sale of Iconic Brentwood Property
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- The sale of 146-150 S Barrington Ave in Los Angeles presents a prime investment opportunity in an upscale community.
- The property sold for $6,250,000 and consists of +/- 6,340 sq ft on +/- 3,769 sq ft of land in Los Angeles's Brentwood neighborhood.
- The acquisition of the property promises to be a significant asset for its new owners, contributing to the growth and development of the upscale community.
- The former home of the iconic Brentwood Lounge has been sold to a future owner-user, marking an exciting change for the neighborhood.
Impact - Why it Matters
This news matters as it reflects the current real estate trends in Los Angeles and the growing demand for mixed-use properties in upscale neighborhoods. It also highlights the strategic location and high foot traffic of the property, making it a significant asset for its new owners.
Summary
WESTMAC Commercial Brokerage Company has arranged the sale of 146-150 S Barrington Avenue in Los Angeles, California for $6,250,000. The property, a multi-tenant mixed-use building, was sold to a future owner-user and is located in the heart of Los Angeles's Brentwood neighborhood. The acquisition highlights the growing demand for versatile properties and the ongoing trend of investing in mixed-use buildings within upscale communities.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, WESTMAC Commercial Brokerage Arranges Sale of Iconic Brentwood Property
