Looking for a Century City multifamily broker? Michael Sterman, Senior Managing Director Investments at Marcus & Millichap and founder of the Sterman Multifamily Group, has closed $1.38B across 248 Los Angeles apartment building transactions over 14 years — including 1 in Century City alone. If you own an apartment building in Century City and are weighing a sale, this is the team that prices it against Century City's real buyer pool and rules — not a generic LA average.
The one building I have closed in Century City — 16 units, in 2014 — traded at $495K per unit, a figure that reflects the district's luxury Westside position, not a citywide or even Westside-wide average. Century City's residential stock skews toward high-rise construction built well after the era that typically triggers LA City RSO coverage, which changes the regulatory conversation for many buildings here relative to older Westside submarkets.
Value in Century City turns on vintage, rent-control status, your in-place rents versus market, and which buyer pool fits your building — not a single neighborhood average. Michael underwrites your specific Century City building the way a real buyer will, then tells you what it should bring and how to get there. No obligation.
Request a Free Century City Building Evaluation →Given the scarcity of multifamily transactions, the buyer pool here leans toward well-capitalized private investors and family offices comfortable with a thin comparable set and Westside luxury pricing, rather than institutional value-add funds running a repeatable playbook. A Century City sale is closer to a bespoke transaction than a comp-driven listing process.
A sample of Century City apartment buildings Michael Sterman has closed. Each links to the full deal record.
Michael Sterman has spent 14 years specializing exclusively in Los Angeles multifamily, closing 248 transactions worth $1.38B. He knows how Century City buildings are valued, who buys them, and what it takes to get a clean deal closed here. CA DRE License #01911703.
Michael sells across all of Los Angeles — see the citywide multifamily broker overview for the full closed record and median price per unit in every submarket, or read how much your LA apartment building is worth for how a Century City building actually gets valued.
Thinking about selling? Get a no-obligation evaluation on your building.
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