Small L.A. apartment building commands big price

Cost per square foot surpasses $268

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Brokerage Charles Dunn Co. has negotiated the sale of a 27-unit apartment building in Los Angeles to a limited liability company for $8.2 million. Representing sellers N2 Ventures LLC and Silver Oak Holdings LLC, the 30,590-square-foot apartment building sold to Redwood Partners LLC. The property, located at 3325 S. Canfield Ave., was 100 percent occupied at the closing of escrow, according to a press statement. ...