Updated April 28, 2026
Units: 8 · Sale price: $2,900,000 · Price per unit: $362,500 · Closed: September 2025
A 8-unit small multifamily property at 10833-10835 Camarillo St in North Hollywood, sold September 2025 for $2,900,000 — approximately $362,500 per unit.
2025 LA multifamily transaction volume hit $6.5 to $7.9 billion across 557 deals. Institutional buyers returned in force; pricing stabilized in most submarkets.
North Hollywood has seen elevated new construction activity in recent years, creating a mixed age profile that buyers underwrite carefully by vintage.
Small multifamily properties in this range trade primarily among private investors, family offices, and 1031 exchangers.
This transaction is part of the Sterman Multifamily Group closed archive — over fourteen years at Marcus & Millichap.
Michael Sterman, Senior Managing Director Investments at Marcus & Millichap.
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