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SALE PRICE: $605,000

 

SIGNALIZED CORNER-LOT RETAIL BUILDING​

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Elijah Suval and Daniel Hirth of the Hirth Group are pleased to announce the successful sale of 6200 S. Western Avenue, Los Angeles CA 90047.  The seller’s motivation to liquidate the asset was due to vacancy, as well as motivation to give each owner their share of the property’s value in cash.

The buyer’s motivation to purchase this asset was purely for investment purposes and to satisfy his 1031 exchange. Elijah and Daniel had to navigate a variety of issues during this transaction – most notably the high risk of potential contamination due to the property being operated as a gas station in the 50-60’s. By doing strategic price reductions at the right times, Elijah and Daniel were able to confidently get the sellers the highest price possible for the subject property.

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