Waterton Buys Candlewood North Apartments in LA for $43.5M
LOS ANGELES — Waterton has purchased the 189-unit Candlewood North Apartments in the Los Angeles submarket of Northridge for a reported $43.5 million. The community is located at 9830 Reseda Blvd.
Candlewood North contains three three-story buildings with apartments ranging from studios to two bedrooms. The community is within walking distance of the Cal State Northridge campus.
Waterton plans to renovate the property, including the unit interiors and amenities.