A private investor has acquired a three-property multifamily portfolio in the emerging Westlake and MacArthur Park market for $48.3 million. The portfolio totals 195 units.

This transaction is one of the five largest multifamily deals in the Los Angeles market since 2010. The properties are located at 131, 143 and 171 S. Burlington Ave.

SVPs Josh Kaplan and John Swartz of Transwestern Commercial Services' multifamily investment services group represented the seller in the deal.

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