1111 S Holt Ave, Mid-City — 6-Unit Multifamily, $1.8M (Dec 2025)
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.
Set against the rest of the Mid-City record, this is the 2nd largest of the 4 Mid-City apartment buildings Michael Sterman has closed.
At $297,500 a unit it sits 16% above the Mid-City median of $256,458. Per-unit price tracks condition and the in-place rent roll as much as location, so the gap is a starting question rather than a verdict.
This transaction is part of the Sterman Multifamily Group closed archive — over fourteen years at Marcus & Millichap.
Related
- Selling Multifamily Property in Mid-City
- How to Sell a Multifamily Property in Los Angeles
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- Verify this sale independently — search public records and coverage for this transaction yourself
Michael Sterman, Senior Managing Director Investments at Marcus & Millichap.
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