A $275 million deal involving two adjacent apartment properties is among the largest this year in the Los Angeles region and gives the buyer nearly one-quarter of the multifamily inventory in coastal Hermosa Beach, California.
One Investor Now Owns Nearly a Quarter of Multifamily Real Estate in Hermosa Beach, California
Prime Residential Acquires Pair of Adjacent Apartment Properties in One of the Year's Largest Deals in the LA Area
By Lou Hirsh
CoStar News
August 17, 2021 | 11:14 P.M.
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IN THIS ARTICLE
- Properties
- The Gallery at Playa Pacifica
415 Herondo St, Hermosa Beach, CA
- Companies