LOS ANGELES-Marcus & Millichap Real Estate Investment Services has successfully completed two multi-housing deals. In the first deal, it represented both the buyer and the seller in the purchase of a 44-unit apartment complex at 1562 West 4th Street in the Westlake Village for $3.375 million, which translates to $76,705 per unit.
In the second deal, it represented the seller in the acquisition of a 74-unit apartment complex at 14355 Huston St. in Sherman Oaks for $9.4 million. For the full story, go to San Fernando Valley Business Journal.
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