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Developer Plans 94 Units for Westside

LOS ANGELES-Archstone Communities LP pays $4.2 million for a restaurant at 8360 West Manchester Ave. that it plans to raze and replace with apartments. The seller is a private partnership known as 27th/Pico Boulevard II LP.

By Erin Cassin | Updated on May 02, 2001

LOS ANGELES-A 33,106-sf property has been sold to a limited partnership that plans to develop an apartment complex on the site. The buyer, Archstone Communities LP, paid $4.2 million for the property.

Located at 8360 West Manchester Ave, the site is currently occupied by an Acapulco restaurant. The structure will be razed to make way for 94 rental apartment units.

Archstone Communities LP was represented by Randy Kirshner of Renaissance Realty in Brentwood. The seller, a private partnership known as 27th/Pico Boulevard II LP, was represented by Michel D. Hibbert of Charles Dunn Co.’s West Los Angeles office.

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