1310 N Gardner St, Hollywood — 16-Unit Multifamily, $3.5M (Jan 2015)
Updated April 28, 2026
Units: 16 · Sale price: $3,500,000 · Price per unit: $218,750 · Closed: January 2015
A 16-unit mid-size multifamily property at 1310 N Gardner St in Hollywood, sold January 2015 for $3,500,000 — approximately $218,750 per unit.
By 2015, LA multifamily transaction volume had returned to pre-2008 levels. Institutional and 1031 capital were both active across the full range of submarkets.
Hollywood is one of the most-demanded mid-city LA submarkets, with deep institutional interest and a predominantly pre-1978 building mix that now falls under the revised LA City RSO.
Mid-size multifamily in this unit range attracts both private investors and smaller institutional buyers, particularly on value-add theses.
Set against the rest of the Hollywood record, this is the 15th largest of the 24 Hollywood apartment buildings Michael Sterman has closed.
At $218,750 a unit it sits 23% below the Hollywood median of $282,589. 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.
Other Hollywood closings the same year: 1255 N Orange (33 units, $10,513,500), 1522 N Vista (24 units, $8,526,000).
This address appears in the archive more than once: it also closed June 2018 at $5,450,000. Two verified prices on one building are worth more than any estimate.
This transaction is part of the Sterman Multifamily Group closed archive — over fourteen years at Marcus & Millichap.
Related
- Selling Multifamily Property in Hollywood
- Hollywood: the neighborhood, its buildings and what they sell for
- How to Sell a Multifamily Property in Los Angeles
- Request a free evaluation of your building
- Verify this sale independently — search public records and coverage for this transaction yourself
This building has appeared in the archive 2 times. See the full transaction history for 1310 N Gardner St, Hollywood.
Michael Sterman, Senior Managing Director Investments at Marcus & Millichap.
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