8/28/2008

Charles Dunn orchestrates sale of Los Angeles multi-family

by Chad King
West End Properties, LLC, has acquired a 20,000-square-foot apartment building in Los Angeles, Calif., for more than $3.8 million from Durell Hensley.

Michael Hibbert of Charles Dunn Co.'s West Los Angeles office represented both the buyer and the seller in the transaction.

The apartment building is located north of the Playa Vista Development at 4262 Lindblade Dr. Built in 2002, it is situated on a 0.3-acre lot and has an assessed value of more than $2.01 million.

"It's a good location, the building has stable tenancy and there is strong growth potential," Hibbert said.

Address: 4262 Lindblade Drive, Los Angeles, Calif.

Size: 20,000 square feet

Built: 2002

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Filed Under: Multi-Family

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