Murano Apartments

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A 46-unit multifamily property at 342-50 S. Catalina Street.

Sold in November 2014 to Beverly Hills real estate company SM Management for $11.6 million, or about $252,000 a unit. The seller, San Mateo investment group TDA Inc., had purchased the building for $5.1 million in 2002. The property was entirely occupied at the time of sale.

Asking rents for the building’s 31 one-bedroom units and 15 two-bedroom units range from $1,123 a unit to $1,675.

Last updated: November 2014