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Los Angeles Apartment Complex Sells for Big Price Despite Sales Slowdown

California Investor Buys the Oliver Complex Near Culver City
The mixed-use The Oliver multifamily property is located in Los Angeles at 11955 Washington Blvd. (CoStar)
The mixed-use The Oliver multifamily property is located in Los Angeles at 11955 Washington Blvd. (CoStar)
CoStar News
September 20, 2023 | 2:30 P.M.

A Los Angeles apartment property has sold for a high price per unit despite an overall cooling in real estate investment in the city due to rising interest rates and an increased transfer tax.

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