921 N LA CIENEGA BLVD, WEST HOLLYWOOD, CA 90069
SALE PRICE: $7,200,000 | BUILDING SIZE: 6,134 SF

Introduction:

Zacuto Group faced a unique challenge in selling 921 N La Cienega Blvd, located on a sought-after stretch of La Cienega Blvd in West Hollywood. Despite the property's prime location, the sale presented challenges due to the post-pandemic market and the urgency imposed by the trust ownership.

The Strategy:

To overcome market challenges, Zacuto Group implemented a targeted marketing strategy, leveraging their industry expertise to attract qualified buyers. Despite a difficult market, the property garnered substantial interest, resulting in multiple offers surpassing the initial asking price. Identifying a uniquely qualified buyer, Zacuto Group's strategic negotiations exceeded the seller's expectations.

Flexibility in Closing Terms:

Recognizing the buyer's situation, Zacuto Group negotiated a six-month extension in the closing period in exchange for a higher purchase price. The agreement included a substantial release of funds requirement, ensuring the buyer's commitment. This strategic flexibility in closing terms played a crucial role in the successful culmination of the deal.

Conclusion:

Zacuto Group's meticulous marketing, strategic negotiations, and understanding of market dynamics resulted in the successful sale of 921 N La Cienega Blvd. The transaction not only met the trust's mandate but exceeded expectations, securing a substantial over-asking price from a qualified buyer. This case highlights Zacuto Group's ability to deliver results in challenging real estate environments.