The-Culver-LA

Avison Young Brokers $15.6M Sale of Apartment Complex in Los Angeles

by Amy Works

LOS ANGELES — Avison Young has arranged the sale of The Culver, an apartment complex located at 3325 S. Canfield Ave. in the Culver City/Palms neighborhood of Los Angeles. Palm Heights LLC sold the property to Mapleton Culver City LLC for $15.6 million.

Built in 2006, the four-story building features 28 apartment units in a mix of studio, two- and three-bedroom floorplans. Each unit features nine-foot ceilings, in-unit washer/dryers and balconies. On-site amenities include a rooftop deck with seating and grills, fitness center, coffee station and business center.

Peter Sherman of Avison Young’s Los Angeles office represented the seller in the deal.

You may also like