Kipling Residential Hotel

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An apartment building that began life as a hospitality property in 1924.

It came under new ownership in 2012, when Evergreen Investment Group L.L.C. sold the property to Omninet Kipling L.P., a local investment partnership, for $9.1 million. That equals to about $67,400 for each of the complex’s 135 units, which include 134 studio apartments and a single one-bedroom unit. A restaurant is located at street level.

The transaction was arranged by Brent Sprenkle, an associate partner in the West Los Angeles office of Hendricks & Partners Inc.

421 South Berendo

Owned by Donald Sterling. 46-unit apartment buildings

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Talmadge Apts

Movie producer Joseph M. Schenck built The Talmadge in 1922 as a present for his wife, the silent screen actress Norma Talmadge. The historic building is known today as the Talmadge Luxury Apartments. The Los Angeles County assessor lists the building as a “concrete frame” structure. The building permit, filed in 1923, refers to concrete […]

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