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Frustrated with regulations, this Los Angeles investor is trading apartments for industrial

Torrance firm offloads final multifamily property in latest discount deal
A local investor sold the 21-unit Mar Vista Lofts multifamily property in Los Angeles for less than replacement cost. (CoStar)
A local investor sold the 21-unit Mar Vista Lofts multifamily property in Los Angeles for less than replacement cost. (CoStar)
CoStar News
February 4, 2025 | 10:38 P.M.

A Los Angeles multifamily investor is shifting his focus to industrial after mounting frustrations over legislative challenges prompted him to sell off his last apartment property in the region.

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