LOS ANGELES-A Westwood multifamily investment group, Xenon Investment Corp., has purchased a 24-unit luxury apartment building, which measures 33,714 square feet and is located at 1371 S. Beverly Glen Blvd. in Westwood, from 1371 Beverly Glen LP.
The sale price for the two-bedroom building was $264,583 per unit or $188 per square feet, with each unit measuring between 1,150 and 1,400 square feet. The Charles Dunn Co. represented the buyer and seller in the transaction. For the full story, go to Los Angeles Business Journal.
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