As the multifamily market across Southern California continues to show signs of relative year-over-year strength, investors keep looking for opportunities to own a piece of the sizable opportunity. A 90-unit multifamily residential building in Santa Monica called the San Vicente Tower recently sold for $39,669,500 or $440,772 per unit, according to a Kidder Mathews 4Q22 Market Trends Los Angeles Multifamily report.
For the full story, go to The Registry SoCal.
© 2023 Might Dot Media, Inc. All rights reserved.