Johnathan Pach Real Estate

April 2024

Jade Enterprises puts mostly vacant LA office building up for sale

Firm lists 660 Figueroa in Downtown with option to assume $39M loan The L.A.-based investment firm has put 660 South Figueroa Street, a 24-story, 284,500-square-foot tower, on the market, according to a LoopNet listing. A team led by Newmark’s Kevin Shannon is marketing the property for sale.  No listing price was disclosed, though the deal would be a “significant” discount to what it...

LA housing agency pays $43M to buy 120 apartments in South LA

A Los Angeles housing agency has paid $43.4 million to buy a 120-unit apartment complex in South L.A. The Housing Authority of the City of Los Angeles purchased the three-story building at 349 South La Fayette Place, in Rampart Village, the Commercial Observer reported. The seller was California Landmark Group, based in West Los Angeles. The deal works out to $361,667 per...

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