Updated April 28, 2026
Units: 6 · Sale price: $1,785,000 · Price per unit: $297,500 · Closed: December 2025
A 6-unit small multifamily property at 1111 S Holt Ave in Mid-City, sold December 2025 for $1,785,000 — approximately $297,500 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.
Multifamily property in the Sterman Multifamily Group transaction archive.
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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