Monday, August 12, 2013

Voit Real Estate Services Directs $2 Million Sale of 14,655-SF Office Building in Los Angeles CA


2351 West 53rd Street, Los Angeles, CA

David Fults
 Los Angeles, CA, (Aug. 12, 2013) – David Fults and Brian McLoughlin of Voit Real Estate Services’ Los Angeles office successfully directed the $2,050,000 sale of a 14,655 square-foot office building in Los Angeles, Calif., on behalf of the seller, Building Industry Credit Association.

The buyer, Park View Dream LLC, will use this building for its real estate investment and management business, according to Fults, a Senior Vice President in Voit’s Los Angeles office.

Brian McLouglin
“Our client, Park View Dream LLC, bought the building to take advantage of low interest rates and lock in their real estate costs at a historically low level”, said Fults.  “In addition, they plan to lease out a portion of the building, which will drive their cost down even more.  This will be an excellent long term investment for our client.”

The property is located at 2351 West 3rd Street in Los Angeles, CA.

For a complete copy of the company’s news release, please contact:

David Fults / Brian McLoughlin
Voit Real Estate Services
323-558-5403 / 323-558-5404

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