Home Finance Alliance Residential Acquires 60-Unit mResidences Miracle Mile for $30.15MM in Los Angeles
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Alliance Residential Acquires 60-Unit mResidences Miracle Mile for $30.15MM in Los Angeles

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Newmark has arranged the sale of mResidences Miracle Mile, a 60-unit multifamily property in the Miracle Mile submarket of Los Angeles, to Alliance Residential Company for $30.15 million, or approximately $502,500 per unit. The transaction closed in January 2026. The 2008-vintage property is located at 5659 W 8th St and features one- and two-bedroom apartment […]

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