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LOS ANGELES — Institutional Property Advisors (IPA) has arranged the sale of The Flat, a 205-unit property in the City West neighborhood of Los Angeles. Kevin Green, Joseph Grabiec and Gregory Harris of IPA represented the undisclosed seller and procured the buyer, locally based Winstar Properties. The Flat was built in 1968 and features a controlled-access entry system, a resident lounge, upgraded laundry rooms, new windows and a package receiving system.