DON CARLOS RESIDENCES IN BEVERLY HILLS SELLS FOR $6.7M

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LOS ANGELES – The 16-unit Don Carlos Residences in Beverly Hills has sold to a private family trust for $6.7 million. The community is located at 132 South Bedford Drive, next to Saks Fifth Avenue. It was built in 1930. The property was recently approved for Phase I condo conversion. The buyer was represented by Michael Hanassab and Elliot Hassan of Marcus & Millichap. The seller, Christina Development Corporation, was represented by Richard Ringer of the same firm.

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