14400 Roscoe Boulevard | Video Closing Announcement

11.13.2020
| Selling


CLOSING
HIGHLIGHTS

  • Launched our 14-point marketing plan in the middle of the pandemic; produced seven qualified offers from both developers and users within the first week of taking the property to market
  • Accepted an offer within 95% of our proposed pricing with short due diligence period of seven days and no environmental or financing contingencies
  • Represented both the buyer and seller in the transaction; assisted and overcame obstacles in escrow related to title and partnership dissolution
  • Closed escrow in 50 days at the original contract price with no retrades or concessions from the seller
  • Sold the property at a premium by marketing as both a owner user and development opportunity consisting of +/- 26,798 SF lot zoned [Q]C2-1-CDO (Tier 2) in a rapidly gentrifying submarket in the San Fernando Valley

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