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	<title>LA Westside Real Estate: homes,condos</title>
	<link>http://www.west-la-homes.com/real-estate</link>
	<description>West LA homes, condos, rentals and investments</description>
	<pubDate>Sat, 05 Jul 2008 02:00:30 +0000</pubDate>
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		<title>80-Unit Apartment SOLD!</title>
		<link>http://www.west-la-homes.com/real-estate/2007/11/20/80-unit-apartment/</link>
		<comments>http://www.west-la-homes.com/real-estate/2007/11/20/80-unit-apartment/#comments</comments>
		<pubDate>Tue, 20 Nov 2007 09:24:26 +0000</pubDate>
		<dc:creator>westla</dc:creator>
		
	<category>West Los Angeles</category>
	<category>Apartment</category>
		<guid isPermaLink="false">http://www.west-la-homes.com/real-estate/2007/11/20/80-unit-apartment/</guid>
		<description><![CDATA[ 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&#8217; [...]]]></description>
			<content:encoded><![CDATA[<p><strong><font size="3"> 80-Unit Apartment Complex in L.A. Sells for $21.7M</font></strong> <br clear="none" /><em /></p>
<p style="padding-right: 10px"><em> </em>Sperry Van Ness, a <strong>commercial mortgage company</strong>, has completed the sale of <em>The Tower at Hollywood Hills</em>, an 80-unit luxury <strong>apartment community</strong> in Los Angeles. The property, located in the Los Feliz neighborhood, was sold to SC Normandie Inc. for $21.7 million.</p>
<p>Kitty Wallace of Sperry Van Ness&#8217; Los Angeles office represented the buyer as well as the seller, Los Angeles-based Normandie Avenue Properties LLC.</p>
<p>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.</p>
<p>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.<br clear="none" /></p>
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