Notable sales on Boulevard; violin shop closes doors

| June 28, 2018 | 0 Comments

LIPSON BUILDING, 124 to 148 N. Larchmont, sale to A.F. Gil-more Co. fell through in June.

In recent weeks, there were  two notable sales transactions either underway or completed on Larchmont Boulevard, as well as leasing activity that continues apace.

Perhaps most important, as reported in the June Larchmont Chronicle, was the prospective sale of the historic Lipson Building to the A.F. Gil- more Co., owner of the Original Farmers Market at Third and Fairfax. As the Chronicle went to press, we learned that the Gilmore Co. decided to back away from purchasing the property.  (The seller’s broker did not return calls by press time.)

The second transaction is the completed sale of the building at 627 N. Larchmont, which has housed the Hans Weisshaar violin shop since 1947. The new owner, who asked to remain anonymous, plans to run a television and film studio at the 4,230-square foot mixed-use retail and office property, according to James Markel, regional manager of broker Marcus & Millichap.

The buyer is an area family that plans to maintain the historical integrity of the building, Markel added.

Leasing activity

In the 14-tenant Lipson Building, Canadian cosmetics company, Lip Lab by Bite Beauty is coming to the Boulevard at 142 N. Larchmont in a space that previously housed Landis Labyrinth, after the toy store reduced its storefronts from three to two.

Bite Beauty’s “lip lab” will allow guests to work with a lipstick artist to create a bespoke lip color, made with organic, food-grade ingredients. The high-end cosmetics shop joins a growing field of beauty retailers on Larchmont, which now includes Blue Mercury, Larchmont Beauty Center, MAC Cosmetics and Rite-Aid. Also long-vacant in the Lipson Building is the former State Farm agency office at 132 N. Larchmont Blvd.

Two major real estate brokerages are, or will be, moving furniture on Larchmont this summer. Joining the shopping district for the first time, Pacific Union International will officially open its doors this month on the second floor of the former Larchmont Hardware building, 156 N. Larchmont. Meanwhile, Coldwell Banker has consolidated two locations on the Boulevard into one at 251 N. Larchmont; the former site at 119 N. Larchmont now has a “for lease” sign on the wall.

“LEASED” sign adorns the former Dippell Realty (later Larchmont Bungalow) building.

The longtime Dippell Realty office, the location of the former Larchmont Bungalow for nine years, 107 N. Larchmont Blvd., has a newly posted “leased” sign on the building’s front window. Phone calls to the property’s broker Brandon Cohan at Hilton & Hyland were not returned. Another building that is owned by the Mizrahi family, at 227 N. Larchmont Blvd., continues to sit unused and vacant: Situated in the heart of Larchmont Village, “for lease” signs drape the prime location that has been vacant for more than a decade.

Leaving the Boulevard is Heavenly Couture Clothing, located at 133 N. Larchmont Blvd., shutting its doors in September.

North of Beverly, the hair salon at 417 N. Larchmont Blvd. recently underwent a makeover to become Larchmont Hair and Nails, now owned by Helen Yeom.

Hairdressers at the new salon include Ellen Bishau, who has been styling hair for Hancock Park residents for more than 25 years, and Maria Eashoo, who has customers who have been coming to her for 35 years. The shop also now has a full service nail salon.

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Category: News

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