MARCUS & MILLICHAP BROKERS TWO APARTMENT SALES

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LOS ANGELES — Marcus & Millichap has brokered two apartment community transactions in Los Angeles. Tony Azzi of Marcus & Millichap represented both undisclosed parties in the disposition and acquisition of 903 North Hudson Avenue, a 16-unit apartment property located in Los Angeles. Built in 1964, the 12,468-square-foot property sold for $1.62 million. Additionally, Steve Bogoyevac of Marcus & Millichap represented both undisclosed parties in the disposition of a 20-unit apartment building, which is located at 401 Witmer St. in Los Angeles. The property, which was built in 1924, sold for $1.1 million or $125 per square foot.

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