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Sale of 13 LA commercial properties could lead to new apartments

Affordable housing firm Civicap Partners acquires portfolio from Redcar Properties
Housing developer Civicap Partners bought the 15,000-square-foot, 2025-built 3550 Hayden Ave. office property in Culver City for $10 million. The property is currently vacant, according to CoStar data. (CoStar)
Housing developer Civicap Partners bought the 15,000-square-foot, 2025-built 3550 Hayden Ave. office property in Culver City for $10 million. The property is currently vacant, according to CoStar data. (CoStar)
CoStar News
October 3, 2025 | 11:46 P.M.

A Houston-based affordable housing developer has snapped up a portfolio of commercial properties scattered across Los Angeles County that could be ripe for residential conversion.

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News | Sale of 13 LA commercial properties could lead to new apartments