Northmarq completes $4.75M sale of Los Angeles garden apartments

2008-2012 S Robertson Blvd
Investment Sales - Multifamily
Multifamily
Sale
Garden Apartments
garden apartments with billboard

Northmarq’s El Segundo Multifamily Investment Sales team of Brent Sprenkle, Parker Boehle and Alex Peterson brokered the $4.75 million sale of a 20-unit multifamily property located at 2008-2012 S. Robertson Boulevard in Los Angeles. Built in 1954, the property boasts studio, one- and two-bedroom apartment homes as well as a billboard on Robertson Boulevard.

Northmarq represented the seller, Kentog Inc., a Chicago investor who owned the property for over 25 years. The buyer was a local investor who lives in the same neighborhood.

“The property is a rare and distinctive asset, as it features a prominent billboard on a high-traffic street leading into Beverly Hills, along with 20 value-add apartments. Opportunities to acquire similar properties are exceptionally limited,” said Sprenkle.

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About Northmarq 
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
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