Marcus & Millichap Facilitates $25.25 Million Sale of Multifamily Portfolio in Los Angeles
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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.
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