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Tova Capital Acquires Landmark Retail Building in Los Angeles’ Echo Park for $2.5 Million

LOS ANGELES – Sept. 28, 2020 – Tova Capital’s $2.5 million acquisition of a single-tenant retail building in the Echo Park submarket of Los Angeles is a convincing example of an investor being fully prepared to pounce when a deal presents itself. The building had been in the same family for more than 50 years and was being sold through a court-ordered sale following a family dispute. Tova Capital was awarded the asset by the court by demonstrating an...
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Tova Capital Acquires Culver City Building For $8.2 Million

Los Angeles, CA (October 01, 2019) — Tova Capital, Inc. (Tova) has acquired the “Allied Model Trains” building, a 12,600-square-foot retail structure in Culver City, CA for $8.2 million. Located at 4411 Sepulveda, the distinctive stand-alone building spanning a full city block, was built 1989 as the home of Allied Model Trains, regarded as the Holy Grail of train stores by model train hobbyists. The building is a scaled down replica of Los Angeles’ famed...
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Developer Rolls On Office Project

Los Angeles-based The Luzzatto Company, Inc. started construction work last week on Expo Station, an 80,000-square-foot office development near the Expo Line’s Expo-Bundy stop in West Los Angeles. Luzzatto purchased the underlying property in June of last year for $16.7 million. The company declined to give figures on the cost of the development, but the project is estimated to be completed by the first quarter of 2019. The Expo Station development includes Ron Harari, chief...
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Ron Harari launches Tova Capital, Inc., a Los Angeles-based real estate investment and development company

Industry veteran Ron Harari has founded Tova Capital, Inc., a Los Angeles based real estate investment and development company. Tova Capital seeks commercial, value-add investments between $5 million and $25 million in the prime Southern California markets with an emphasis on the Westside, Hollywood, South Bay, Downtown, and Valley regions of Los Angeles. Our ability to diligently source and execute on value-add investments sets us apart. Targeting opportunities that are sized below the threshold sought...
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Affiliate of The Luzzatto Company, Inc. Purchases 14,200 Square Foot Creative Office Property in Culver City, CA

SANTA MONICA, CALIF. (January 9, 2017) – 10401 Jefferson, LP, an affiliate of Santa Monica-based The Luzzatto Company, Inc. has acquired the 14,200 square foot creative office property at 10401 Jefferson Blvd., Culver City, Calif. The property is located just east of Overland Avenue in a thriving pocket of creative office properties and is situated on approximately 0.42 acres of land. The Property is currently 100% leased to tenant Magento, a subsidiary of Ebay Inc. Following...
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1038 Princeton Buys Creative Office Campus

SANTA MONICA, CALIF. (October 21, 2013) – 1038 Princeton, LLC, an affiliate of Santa Monica-based The Luzzatto Company, Inc. has acquired the two-building, 33,200 square-foot creative office property at 1038-1042 Princeton Drive, Marina del Rey, Calif. The property is located west of Lincoln Blvd just two short blocks from the Marina, and is currently 30% leased to tenants Kennedy Marshall, Blowfish, and Mix StudioWorks. It is situated on approximately 46,381 square feet of land with...
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