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Thursday, Dec 1, 2022
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NoHo Apartment Sold for $10 Million

A 10-unit apartment building in North Hollywood has traded hands for $2.4 million, according to Calabasas brokerage Marcus & Millichap Inc. The property at 10800 Hesby Street was purchased by PI Properties No. 146/Positive Investments Inc., a real estate investment firm in Arcadia The seller was a North Hollywood limited liability company named Del Sol Hesby. The two-story building, built in 1963, is a mix of one-, two- and three-bedroom units. Filip Niculete, associate vice president of investments for Marcus & Millichap, and Travis Jourdain, an associate in the brokerage’s Encino office, arranged the deal on behalf of both the buyer and the seller.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.
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