8,332 sf Owner/User Office Building Purchase and Sale
600 N. Grand Ave.
Los Angeles, CA 90012
Acker & Whipple Represented $4,000,000.00
First, represented the law firm as the Buyer, when they bought the property for $810,000.00. Five years later, I sold the building to the Los Angeles Police Relief Association for $4,000,000.00.
The partners purchased the property with an SBA loan and had a 10x IRR return and sold the building for five-times the amount they paid.
Downtown Los Angeles