IREA ARRANGES $8.4 MILLION PURCHASE OF MIXED-USE REO PROPERTY

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LOS ANGELES — Investment Real Estate Associates has brokered the $8.4 million acquisition of Sunset Pacifica, a 17-unit mixed-use building located at 17351 West Sunset Boulevard in the Pacific Palisades area of Los Angeles. IREA’s Clark Everitt and William Everitt represented the buyer, Jake Mathews and 9 Mile Investments, in the REO transaction, and Jones Lang LaSalle represented the Seller, 17351 W. Sunset Blvd. Inc.

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