The LA Times is reporting that the El Royale Apartments have sold for almost $30 Million. The building was bought by Kamran Hakim, one of the largest private landlords in New York, and Santa Monica real estate attorney Farhad Eshaghpour.
According to the LA Times, the new owners intend to improve and preserve the building.
Read more:
LA Times – Celebrity Magnet El Royale Tower Said to Sell for Record Price
Related Posts:
Larchmont Buzz – Hancock Park’s El Royale Apartments for Sale (July 19, 2012)
