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Home Finance Prime Residential Acquires 132-Unit Palm Court Apartments for $51.25MM in Los Angeles’ Miracle Mile
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Prime Residential Acquires 132-Unit Palm Court Apartments for $51.25MM in Los Angeles’ Miracle Mile

July 20, 20263 Mins read357
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San Francisco-based Prime Residential has landed a fully renovated Miracle Mile apartment complex for $51.25 million, betting on the durability of rents in one of Los Angeles' most tightly held infill neighborhoods. Prime Residential has acquired Palm Court Apartments, a 132-unit multifamily property at 740 S. Burnside Ave. in Los Angeles' Miracle Mile, for $51.25 […]

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