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Newish Downtown LA Rentals Command $115 Million

JPMorgan Chase Snatches Up 240-Unit Wakaba in City's Hip Little Tokyo Neighborhood
Completed in 2016, Wakaba is in the heart of Los Angeles' Little Tokyo neighborhood. (CoStar)
Completed in 2016, Wakaba is in the heart of Los Angeles' Little Tokyo neighborhood. (CoStar)
By John Doherty
CoStar News
February 20, 2020 | 9:34 P.M.

A 4-year-old Los Angeles mid-rise apartment tower in Little Tokyo sold for almost $500,000 per unit, a price consistent with other recent sales in the hip neighborhood.

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