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730-732 S Vermont Ave
SoldLand

730-732 S Vermont Ave

Sold | $10.2M

Los Angeles, CA 90005 | Closed 2/18/2020

Sold
730-732 S Vermont Ave

Don Favia

Sr. Vice President | Realty Investment Advisors

dfavia@riacre.com | 424-377-6002

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Property Highlights

2020

Year Sold

$10.2M Land Sale on Vermont Ave

One of our biggest land deals. $10.2 million for a development site on Vermont Ave in Koreatown, right near the Metro Purple Line. The seller had owned the land for years and wasn't in a rush, which meant we needed the right buyer at the right price. Found a developer with Koreatown experience who could see what this parcel could become. Clean close, no drama.

Transaction Highlights

  • $10.2M. One of our largest land deals.
  • Koreatown, near the Metro Purple Line
  • Matched a patient land holder with the right developer
  • Ground-up multifamily potential in one of LA's densest neighborhoods
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