Northmarq brokers $3.6M sale of 21-unit multifamily community in Los Angeles

6454 Lexington Avenue
21-unit multifamily apartment

Northmarq’s El Segundo Multifamily Investment Sales team of Brent Sprenkle, Parker Boehle and Alex Peterson successfully completed the sale of Los Angeles garden apartments for $3.6 million. Built in 1956, the 21-unit multifamily community is located at 6454 Lexington Avenue.

Northmarq represented the seller, a Long Beach-based owner. The buyer was a local investor.

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.