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Home AEC CMCT Acquires 0.26-Acre Parcel of Land in Los Angeles’ Jefferson Park Neighborhood for $2.3MM 
AECFinanceIndustry NewsLos AngelesNews ReleasesResidential

CMCT Acquires 0.26-Acre Parcel of Land in Los Angeles’ Jefferson Park Neighborhood for $2.3MM 

April 8, 20221 Mins read304
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CMCT, Los Angeles, Jefferson Park, University of Southern California
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LOS ANGELES — CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that it has acquired 3101 S. Western Ave., a 0.26-acre parcel in Los Angeles’ Jefferson Park submarket, for $2.3 million. CMCT intends to build a five-story apartment building with approximately 45 apartment residences offering a mix of studio, one-, and two-bedroom floor plans. The […]

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