Private party sinks money into L.A. office building

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Charles Dunn Co. negotiated the sale of a 36,000-square-foot office building in Los Angeles for $4.4 million. Built in 1957, the property is located at 2706 Wilshire Blvd. It was fully occupied at the time of sale by Liberty Training Institute, Universal Reprographics and the Linden Center. The property also features rooftop parking. Pacific Property Investments sold the property to Hertzel Illulian, an independent investor. Charles Dunn Co. is a full-service brokerage and property management firm operating in California and Arizona. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....