Type: Net-lease retail · Sale price: $9,740,000 · Closed: October 2020
Net-lease 1600 Argyle Ave retail investment in Hollywood, sold October 2020 for $9,740,000.
2020 LA multifamily absorbed a Q2 COVID shock and recovered through H2. Pricing held for stabilized inventory; transaction volume returned by year-end.
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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