1,500sf EconoLube Sale

Secured Properties is pleased to announce the sale of the Single Tenant 1,500sf EconoLube located at 3451 West Olympic Boulevard in Koreatown. The sale includes the income from the double sided billboard. The property was contaminated years ago and is undergoing ground soil cleanup. All the owners are out of state and Jay Chu and Ryan Yatman facilitated both the purchase and leasing of the property. The close of escrow was June 2014 with a record breaking price of $1,300,000 which equates to $866/sf.

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