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Aging but Still Desirable, 1970s-Era Suburban LA Apartment Property Fetches High Price

Bohlinger Properties Pays $50 Million for Torrance Apartment Complex
The 51-year-old Rolling Hills Apartments at 25935 Rolling Hills in Torrance, California, features a pool, spa, clubhouse and more. (CoStar)
The 51-year-old Rolling Hills Apartments at 25935 Rolling Hills in Torrance, California, features a pool, spa, clubhouse and more. (CoStar)
CoStar News
February 3, 2022 | 11:33 P.M.

In a sign of hope for the middle-aged everywhere, a 51-year-old Torrance, California, apartment complex traded in the city's highest-valued multifamily sale of the past year, a sign of investor attraction to older properties in a supply constrained environment.

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