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Home Finance 57-Unit Addison Arms Apartments in Los Angeles’ Sherman Oaks Neighborhood Sells for $21MM
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57-Unit Addison Arms Apartments in Los Angeles’ Sherman Oaks Neighborhood Sells for $21MM

September 6, 20221 Mins read415
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LOS ANGELES – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Addison Arms Apartments, a 57-unit apartment building in the Sherman Oaks neighborhood of Los Angeles, California. The property sold for $21.05 million, or $369,298 per unit. “Originally constructed in 1969, the previous ownership of Addison […]

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