|
|
11/06/18
|
The Ling Family Trust acquired a three-property, 32-unit apartment portfolio in L.A.’s Los Feliz area for $12 mil, or $375k/unit. The assets were sold by Timberlane Partners.
The portfolio includes:
• 3207 Rowena Avenue -- a 10-unit building with monthly rents ranging from $1,528 to $3,600 for one- and two-bedrooms units.
• 3261 Rowena Avenue -- a 10-unit building with monthly rents ranging from $1,898 to $1,992 for one-bedroom units.
• 3267-3271 Rowena Avenue -- a 12-unit building with monthly rents ranging from $2,920 to $6,495.
Rich Johns and Adam Zunder with KW Commercial represented both parties in the transaction.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
