Marcus & Millichap brokers $6.2 million sale of 24-unit Los Angeles apartment property

Marcus & Millichap arranged the sale of a 24-unit multifamily property at 117 S. Avenue 64 in Los Angeles for $6.2 million, with the asset valued at $258,958 per unit. Seller Marq Apartments sold to Capstone Equities, including a 1031 exchange buyer.