Northmarq’s El Segundo office arranges sale of 3250 James M Wood Boulevard in Los Angeles, California

3250 James M Wood Blvd

EL SEGUNDO, CALIFORNIA (March 1, 2023) — Brent Sprenkle of Northmarq’s El Segundo investment sales team arranged the $1.87 million sale of 3250 James M Wood Boulevard. The eight-unit multifamily property was built in 1948 and is located in Los Angeles’ Koreatown. Sprenkle represented the seller, a private investor based in Los Angeles. The asset was purchased by a Texas-based investor. 

“The French Normandy architecture apartment building was a covered land play as it is located on a high-density corner lot,” said Sprenkle. “In addition, assumable financing at 3.6% interest only made the property financially appealing.” 

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit

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