Subscribe
Home Finance Benedict Canyon Equities Acquires 72 Units on West Hollywood’s Palm Avenue for $29.85MM
FinanceIndustry NewsLos AngelesResidential

Benedict Canyon Equities Acquires 72 Units on West Hollywood’s Palm Avenue for $29.85MM

November 5, 20263 Mins read3
Share
west hollywood
Getty Images For Unsplash+
Share

Los Angeles-based Benedict Canyon Equities has bought two neighboring post-1979 apartment buildings on West Hollywood's Palm Avenue from a private family investor for $29.85 million, paying a premium to the county average for units that sit outside the city's rent stabilization caps while closing about $4.8 million below the pair's combined asking price.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
luke-van-zyl-koH7IVuwRLw-unsplash-apartment-building Previous post Spudland Puts 85-Unit Hummingbird LA in Rampart Village on the Market for $29MM

Featured Content

The Heights at Ponte Vista

The Heights at Ponte Vista Features Four Move In Ready Elevated Townhomes 

ByMay 18, 2026


Recent Posts

luke-van-zyl-koH7IVuwRLw-unsplash-apartment-building

Spudland Puts 85-Unit Hummingbird LA in Rampart Village on the Market for $29MM

ByNovember 5, 2026
Santa Monica beach with downtown in the background

Mani Brothers Scoop Up Santa Monica’s 55,000 SQFT Clock Tower Building for $28.5MM, Half Rockwood’s 2019 Price

November 5, 2026
scott-blake-x-ghf9LjrVg-unsplash

Prop. 1’s $11.25B Housing Bond Passes, Offering a Lifeline to 9,533 Stalled Affordable Units in L.A. and Ventura Counties

November 4, 2026
One Beverly Hills rendering

Cain, Eldridge Pull One Beverly Hills Ahead of Schedule as Project Debt Passes $3B and Retail Reaches 25% Leased

November 4, 2026
housing-generic

Atto Properties Starts 219-Unit Koreatown Apartments at 3800 W. 6th St., Trading Shelved Hyatt Tower for Market-Rate Rentals

November 4, 2026
Warehouse interior with shelves

BKM Capital Partners Lands 231,000 SQFT Goldenwest Circle Business Park in Westminster for $62MM

November 4, 2026
Related Articles
luke-van-zyl-koH7IVuwRLw-unsplash-apartment-building
FinanceIndustry NewsLos AngelesResidential

Spudland Puts 85-Unit Hummingbird LA in Rampart Village on the Market for $29MM

The owner of The Hummingbird LA, a six-story Rampart Village apartment building...

ByNovember 5, 2026
scott-blake-x-ghf9LjrVg-unsplash
AECFinanceIndustry NewsLos AngelesResidential

Prop. 1’s $11.25B Housing Bond Passes, Offering a Lifeline to 9,533 Stalled Affordable Units in L.A. and Ventura Counties

California voters approved Proposition 1's $11.25 billion housing bond, a cash infusion...

ByNovember 4, 2026
housing-generic
AECIndustry NewsLos AngelesResidential

Atto Properties Starts 219-Unit Koreatown Apartments at 3800 W. 6th St., Trading Shelved Hyatt Tower for Market-Rate Rentals

Developer Leo Lee has started construction on an eight-story, 219-unit apartment building...

ByNovember 4, 2026
Sparks flying during manufacturing
FinanceIndustrialIndustry NewsLos Angeles

Hines Sells Fully Leased 203,000 SQFT South Gate Manufacturing Plant at 8685 Bowers Avenue for $35.8MM

Hines has sold a fully leased, three-tenant manufacturing building on 10.2 acres...

ByNovember 4, 2026
© Copyright 2007 - 2025 Mighty Dot Media. All rights reserved.