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Former Perino's Sold for $4M

Redevelopment Planned for 48-Unit Multifamily Property
By Joseph Kalkstein
August 8, 2003 | 7:24 P.M.

West Los Angeles-based Carey & Kutay Development Group LLC purchased the former home of Perino's Restaurant at 4101 Wilshire Blvd. in the Mid-Wilshire submarket of Los Angeles, for approximately $4 million, or $335 per square foot (based on the existing building's area of 11,927 square feet). The retail property has not had a long-term tenant for a dozen years, since Perino's closed, but many feature films and television series have been recorded on the site.

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