Christina, through its sponsored private equity real estate company Christina Real Estate Investors 5 Wealth Builder LLC, has purchased a multifamily residential property in the Brentwood neighborhood of West Los Angeles, Calif.

Located at 12324 Montana Avenue, the property is comprised of residences averaging 1,200 square feet. The residences feature balconies, patios, wood-burning fireplaces and hardwood floors. Christina 5 Wealth Builder’s acquisition marks the first time the property has been sold by the family that originally developed the project in 1958.

“This was a compelling acquisition opportunity that directly aligns with our investment thesis to purchase well-located properties in the best areas of West Los Angeles,” comments Adam Rosenkranz, chief investment officer at Christina. “The quality of this property, coupled with excellent neighborhood demographics, consistent rental demand, and the irreplaceable nature of the property itself, are key characteristics that support our strategy to acquire and operate prime investment grade real estate projects with solid value creation opportunities and boundless appreciation potential.”