(Read more on the multifamilymarket.)
LOS ANGELES-Three apartment properties in Hollywood, Lakewoodand Glendale totaling 514 units have traded for a combined total ofnearly $130 million, according to Hendricks & Partners. DeanZander of Hendricks & Partners, who was involved in all threedeals, tells GlobeSt.com that all three properties offer upside totheir new owners.
The three properties were the 298-unit Serravella at 1710 NorthFuller Ave. in Hollywood, the 149-unit Olivewood at 5800 SouthStreet in Lakewood and the 67-unit Casa Vaquero at 1630 CalleVaquero in Glendale. Zander partnered with Joe Leon of theHendricks & Partners Newport Beach office in the Hollywood andLakewood deals, and with Dave Casper of the company's Encino officein the Glendale sale.
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