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HWA Land Buys Hive Los Angeles Apartments

Trust Divests 33 Units for Nearly $24.3 Million
The apartment building's rooftop deck sits atop a 0.3-acre lot in the Mid-City multifamily market of Los Angeles County. (CoStar)
The apartment building's rooftop deck sits atop a 0.3-acre lot in the Mid-City multifamily market of Los Angeles County. (CoStar)
By Alondra Cervantes
November 30, 2022 | 4:34 P.M.

HWA Land acquired the 33-unit Hive Los Angeles apartments at 1319 S. Orange Grove Ave. in Los Angeles for $24.25 million, or about $735,000 per unit, from a family trust and a group of private sellers.

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