WESTMAC Commercial Brokerage Arranges $2.5 Million Sale in Larchmont Village

WESTMAC Commercial Brokerage Company finalized the $2.5 million sale of a mixed-use property in Los Angeles's Larchmont Village to Larchmont Arts District LLC, underscoring investor confidence in prime retail corridors.

Philly Metrowire Staff
Real Estate
WESTMAC Commercial Brokerage Arranges $2.5 Million Sale in Larchmont Village

WESTMAC Commercial Brokerage Company announced the sale of 626 N. Larchmont Boulevard in Los Angeles for $2,500,000. The property, a ±2,094-square-foot building on a ±5,622-square-foot lot, was purchased by Larchmont Arts District LLC as an investment. The transaction highlights the ongoing demand for well-located assets in premier neighborhood retail corridors.

T.C. Macker, President of WESTMAC Commercial Brokerage Company, stated, "The sale of 626 N. Larchmont Boulevard reflects the continued strength and resilience of premier neighborhood retail corridors like Larchmont Village. Well-located assets with strong fundamentals continue to attract significant investor interest. We are pleased to have represented our client in achieving a successful closing on this exceptional property." T.C. Macker and Woody Cook of WESTMAC exclusively represented the seller, while Brian Hart and Greg Batiste represented the buyer.

Larchmont Village, known for its tree-lined streets and mix of independent boutiques and restaurants, remains a sought-after destination for both tenants and investors. The sale price of $2.5 million for a building of this size underscores the premium attached to properties in such high-demand areas. According to WESTMAC, the transaction closed smoothly, reflecting the expertise of their team in navigating complex commercial real estate deals.

WESTMAC Commercial Brokerage Company, founded in 1988 by Timothy C. Macker, is a full-service real estate firm based in Los Angeles. The company specializes in office, industrial, retail, and multi-family properties, offering services including exclusive marketing, tenant representation, and consultation for investors and developers. With over 30 professionals, WESTMAC emphasizes client-centered service, stating that "the client's best interest must be the guiding force behind all services."

This sale is part of a broader trend in Los Angeles's commercial real estate market, where prime retail corridors continue to see strong activity despite broader economic uncertainties. Investors are increasingly focusing on assets with stable cash flows and long-term growth potential, particularly in neighborhoods with established character and high foot traffic. The Larchmont Village transaction exemplifies this trend, as the buyer acquired the property with an eye on future appreciation and income generation.

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