X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOS ANGELES-Tony Solomon & Will James of Solomon Capital Advisors, in association with KW Commercial tells GlobeSt.com that it has completed sale of the Beverly Alvarado apartments, located at 245 N. Alvarado here. The property was on the market for approximately four weeks before going into escrow, Solomon tells GlobeSt.com. 

The building was purchased by a group of investors who already owned the existing multifamily assets on either side of the Beverly Alvarado. Those properties had been converted to condominiums for sale, but due to the challenging market, have been leased out as rental units instead, Solomon says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt. Multifamily Spring 2022 (Formerly APTS)Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.