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Aging Southern California Apartments Expected To Undergo Renovation Following Sale

Raintree Partners Buys Torrance Complex for More Than $510,000 a Unit
The 129-unit Torrance Venture Apartments in Torrance, California, has sold. (CoStar)
The 129-unit Torrance Venture Apartments in Torrance, California, has sold. (CoStar)
CoStar News
June 2, 2022 | 5:36 P.M.

A California apartment buyer wants to spruce up a multifamily complex minutes away from the Pacific Ocean as aging properties prove attractive to investors that want to tap into the apartment market's high demand.

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