Marcus & Millichap Facilitates $25.25 Million Sale of Multifamily Portfolio in Los Angeles
Marcus & Millichap Inc. has facilitated the sale of a 275-unit multifamily portfolio in Los Angeles for $25.25 million. The transaction, announced on September 9, 2025, involved properties in Koreatown and Westlake. The portfolio, managed by a private group for 25 years, faced tenant delinquencies and maintenance issues. Neema Ahadian and Jeffrey Estrada represented the seller, marking The Neema Group’s 11th portfolio sale in the area.
Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, has successfully facilitated the sale of a seven-property, 275-unit multifamily portfolio in Los Angeles for $25.25 million. The transaction, announced on September 9, 2025, involved properties concentrated in the Koreatown and Westlake neighborhoods. Managed by a private ownership group for 25 years, the portfolio faced challenges such as tenant delinquencies and deferred maintenance. Neema Ahadian and Jeffrey Estrada of The Neema Group at Marcus & Millichap represented the seller, employing a strategic approach to overcome these issues and ensure a smooth closing. This marks The Neema Group’s 11th portfolio sale in the Los Angeles area. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on September 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
