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Billed as Single-Family Home Alternative, Recently Built LA Apartments Command Top Dollar

Complex With Larger Units Trades Well Above Average
The Olivia Apartments on the Westside of Los Angeles offer affluent renters modern finishes and units larger than 1,000 square feet as single-family home costs skyrocket. (Sherri Johnson/CoStar)
The Olivia Apartments on the Westside of Los Angeles offer affluent renters modern finishes and units larger than 1,000 square feet as single-family home costs skyrocket. (Sherri Johnson/CoStar)
CoStar News
April 14, 2022 | 10:23 P.M.

A recently completed Los Angeles apartment complex with spacious units aimed at attracting high earners who aren't ready for homeownership has been sold to a local investor for a price well above the market average.

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News | Billed as Single-Family Home Alternative, Recently Built LA Apartments Command Top Dollar