Business
$62 Million Student Housing Portfolio Sale in Los Angeles Brokered by Institutional Property Advisors
LOS ANGELES, April 15, 2026--Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company’s institutional clients, announced today the sale of Axiom Westwood, a four-building, 153-unit student housing portfolio adjacent to the University of California, Los Angeles (UCLA) in the city’s Westwood neighborhood. The transaction is the largest property by unit count to sell in Westwood since 2020. The portfolio sold for $62.6 million.
About this update from Marcus & Millichap, Inc.
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