News & Press

LA housing agency pays $43M to buy 120 apartments in South LA

California Landmark Group sells complex for $362K per unit

A Los Angeles housing agency has paid $43.4 million to buy a 120-unit apartment complex in South L.A.

The Housing Authority of the City of Los Angeles purchased the three-story building at 349 South La Fayette Place, in Rampart Village, the Commercial Observer reported. The seller was California Landmark Group, based in West Los Angeles.

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