One of six properties sold in LA county in May 2023

Los Angeles 155-Unit Portfolio Sells for $53.6 Million

by Lynn Peisner

LOS ANGELES — JLL Capital Markets has arranged three separate transactions for the sale of six assets in Los Angeles County totaling $53.6 million. Five properties are located in the San Fernando Valley and one is in West Los Angeles. JLL worked on behalf of the seller, a corporate fiduciary acting on behalf of an LLC. There were three buyers whose identities were not disclosed. All three buyers assumed existing debt on the assets. The JLL Capital Markets investment sales and advisory team representing the seller was led by Managing Director Peter Yorck and Director Nick Lavin, while Senior Managing Director Jeff Sause and Director Max Mraz led the JLL Capital Markets debt advisory team. The properties are 3596 Centinela, 14311-14319 Dickens St., 12314 Moorpark, 4144 Tujunga, 12207 Riverside and 12225 Riverside.

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