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LOS ANGELES-A private investor has acquired a six-unit apartment complex in the Miracle Mile district for more than $141,000 per unit, one of the highest per-unit prices recorded for comparable properties in the area, according to Lee & Associates.

Matthew Artukovich of the Commerce office of Lee & Associates tells GlobeSt.com that the deal closed at $850,000 for the property at 619 S. Detroit St., which is a two-story, art-deco complex that was built in 1939. The buyer was Friedman Investment Co. and the seller was a locally based private individual. The property is near Wilshire Boulevard and La Brea Avenue in what Artukovich describes as a very desirable location, close to shopping and attractions like the Grove, the Beverly Center, Hollywood and the Los Angeles County Museum of Art.

The complex, which includes three one-bedroom units and three two-bedroom apartments, was 100% occupied at the time of the sale, with rents averaging more than $1,000 per month.

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