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Wiseman Residential Pays $13.75 Mil for Entitled Multifamily Dev Site in West Los Angeles

By December 16, 2019February 17th, 2025No Comments

December 2019

Wiseman Residential paid $13.75 mil for a former gas station and parking lot property located at 11261 Santa Monica Blvd in Los Angeles. The property was sold by BLT Enterprises, who, with the help of their architects at KFA, land use counsel Dale Goldsmith and other consultants, had already obtained entitlements through the City of Los Angeles’ Transit Oriented Communities ordinance for a six-story, 119-unit apartment building at the site.

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