STARPOINT PROPERTIES SELLS 83-UNIT MULTIFAMILY COMPLEX FOR $17.3M

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LOS ANGELES — Beverly Hills, Calif.-based StarPoint Properties has completed the disposition of an 83-unit apartment building in Los Angeles for $17.3 million. NF Hawaiian Gardens LP purchased the property, which is located in the heart of Koreatown at 737 S. Kingley Dr. The property recently underwent a $1 million renovation program, which included upgrading the exterior and common areas, as well as the lobby area, leasing office, pool and gym.

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