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California  + Los Angeles  + Apartments  | 

Private Investor Pays $18M for Brentwood Luxury Multifamily

CBRE arranged the sale of 818 Gretna Green Way, a 27-unit luxury multifamily property located in the Brentwood section of Los Angeles, for $18 million to an undisclosed private investor. The firm’s Adam Peterson and Emil Gurfinkel represented both the seller and the buyer.

“This was a highly competitive process with five offers generated,” said Peterson. “The property ultimately sold to an all-cash, non-contingent buyer, underscoring the continued demand for well-located, luxury multifamily assets in core Los Angeles submarkets.”

Situated near the Brentwood Country Club and the popular Sunday Brentwood Farmers Market, 818 Gretna Green Way offers high-end residences averaging nearly 1,600 square feet. The property features in-unit washer/dryers, secure parking, and a walkable location near upscale retail and dining. Its Brentwood location also provides easy access to major job centers in West LA, Santa Monica, and Century City. making it suitable for professionals seeking a high quality of life with a short commute.

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CBRE's Peterson

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition