An almost $140 million acquisition of two Los Angeles apartment buildings is the latest example of strong investor demand for multifamily properties amid tight supply and rising rents in Southern California and other West Coast markets.
Suburban Los Angeles Apartment Deal Underscores High West Coast Demand
Properties Trade in Growing San Fernando Valley Region
By Lou Hirsh
CoStar NewsAugust 15, 2019 | 7:47 P.M.
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IN THIS ARTICLE
- Properties
- The Enclave at Warner Center Apartment Homes
6710 Variel Ave, Canoga Park, CA
- Meridian Place Apartment Homes
9423 Reseda Blvd, Northridge, CA