Investor to Redevelop Multifamily Sites In Westwood

Los Angeles Business Journal   |   Hannah Madans

Posted In — News & Press | In the News

An investor has purchased a handful of multifamily lots in Westwood and plans to redevelop the properties.

Kidder Mathews’ Michael Monempour represented the unnamed buyer in all of the acquisitions.

Most recently, the buyer paid $5.6 million for a double lot spanning 17,000 square feet at 1505 and 1515 Veteran Ave. Currently, the site is home to two buildings with nine units.

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