Universe Holdings Collects $10 Mil from Sale of Two Multifamily Properties in L.A.’s South Bay

  • 1/27/2025

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Universe Holdings sold two apartment properties totaling 32 units in L.A.’s South Bay area for a combined price of $10.1 mil.

One of the properties, Space Odyssey, a 14-unit building in Hawthorne, sold for $4.2 mil, or $300k/unit. The other property, Park Casino Royale II, is an 18-unit property in Inglewood that went for $5.875 mil, or $326k/unit.

Universe acquired both 1980s vintage properties between December 2015 and August 2016. Both were part of Universe’s Inglewood portfolio, which now includes seven properties totaling 172 units.

Universe Holdings
Noah Kaufman | Director, Finance & Acquisitions

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