Marcus & Millichap brokered the sale of the Villa Gardens multifamily community in Hawthorne, Calif.

The value of the transaction was $11 million.

The Villa Gardens is an approximately 61,430-square-foot property located at 3734 El Segundo Blvd.

Downstream Exchange Co. LLC purchased the property from Villa Gardens Group LLC, which had owned it since 1990.

Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage operating nationwide.

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