R.W. Selby & Company sold the 59-unit Villa Bel Air apartments at 130 S. Sepulveda Blvd. in Los Angeles, California, to Mercury TIC for $40.25 million, or about $682,000 per unit.
Nicole Miller, CoStar
The 61,295-square-foot multifamily property offers studios, one- and two-bedroom layouts in a four-story building. It was built in 2011 in the Westwood neighborhood, and was fully occupied at the time of sale.
Read the full article here: https://product.costar.com/home/news/shared/850878732?source=sharedNewsEmail