Marcus & Millichap arranged the sale of the 40,633-square-foot Bel Air Vista Apartments in Los Angeles.
The value of the transaction was $15.4 million.
The Bel Air Vista Apartments, located at 426 South Sepulveda Blvd., consists of three parcels.
A California-based private investor sold the property to an investment group.
Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage operating nationwide.
***
What’s your opinion? Send your Letter to the Editor to opinion@inman.com.
