58-Unit Venice Beach Multifamily Property Sells for $13.3MM

Residential building at 15 Paloma Ave closes at $229,310 per unit, below February asking price The Los Angeles multifamily market continues to demonstrate pricing challenges as a 58-unit apartment building in Venice Beach completed its sale on Sept. 30 for $13.3 million, or about $229,310 per unit, according to public records. The transaction represents a […]