Private Investor Buys 3-Property Portfolio for $48M
The three-property deal totals 192 units and is located in the emerging Westlake and MacArthur Park market.
This transaction is one of the five largest multifamily deals in the Los Angeles market since 2010. The properties are located at 131, 143 and 171 S. Burlington Ave.
SVPs Josh Kaplan and John Swartz of Transwestern Commercial Services’ multifamily investment services group represented the seller in the deal.