» 80-Unit Apartment SOLD!
80-Unit Apartment SOLD!
November 20, 2007 on 9:24 am | In West Los Angeles, Apartment | 80-Unit Apartment Complex in L.A. Sells for $21.7M
Sperry Van Ness, a commercial mortgage company, has completed the sale of The Tower at Hollywood Hills, an 80-unit luxury apartment community in Los Angeles. The property, located in the Los Feliz neighborhood, was sold to SC Normandie Inc. for $21.7 million.
Kitty Wallace of Sperry Van Ness’ Los Angeles office represented the buyer as well as the seller, Los Angeles-based Normandie Avenue Properties LLC.
Built in 1990 and renovated this year, the property includes a mix of studio and one-bedroom units with monthly rents ranging from %1,263 to $2,061.
The Tower at Hollywood Hills includes a fitness center, sauna, pool, spa, fire pit and barbeque area, and Wi-Fi connections. Recent renovations have equipped units with marble countertops, hardwood floors, recessed lighting and stainless steel appliances.
No Comments yet
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.
RSS feed




