Beverly Hills apartment building sells for record high price of $582 per square foot

An 11-unit apartment building, located at 315 S. Hamel Road in Los Angeles, California, has sold for $3,950,000. Kidder Mathews’ multifamily investment broker, Michael Monempour, represented the seller, Bentley Place, LLC, a private real estate investment company. The buyer was Smith Spokane, LLC.

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