(PRWEB) Charles Dunn Company, a full-service commercial real estate firm, has sold a 17-unit (17,788 SF) apartment building for approximately $2.7 million on behalf of Kolovos Family Trust. Built in 1991, the three-story building is located at 7120 Ramsgate Avenue in the Westchester section of Los Angeles, Calif.

Michel Hibbert, CCIM, managing director of Investment Properties in Charles Dunn’s West Los Angeles, represented the buyer, Kolovos Family Trust. The seller, 7120 Ramsgate LTD, was represented by Norma Lee Realty.

“The buyer purchased the property based on the rental upside of the project, which was about 20% as well as the high-quality construction,” said Hibbert.

Charles Dunn Company is one of the largest full service brokerage and property management firms on the West Coast. Since its founding in 1921, Charles Dunn Company has been helping thousands of companies and individuals with a full complement of real estate services. The California-based company offers comprehensive brokerage, property and asset management, corporate and construction advisory as well as financial services to tenants, owners, investors and developers.

Charles Dunn Company maintains offices in downtown Los Angeles, West Los Angeles, Sacramento, Seal Beach, San Diego, San Fernando Valley, San Francisco, Orange County and Phoenix.

For more information, visit www.charlesdunn.com.