2030 Ivar Ave, Hollywood — 16-Unit Multifamily, $6.2M (Jul 2020)

Updated April 28, 2026

Units: 16 · Sale price: $6,150,000 · Price per unit: $384,375 · Closed: July 2020

A 16-unit mid-size multifamily property at 2030 Ivar Ave in Hollywood, sold July 2020 for $6,150,000 — approximately $384,375 per unit.

2020 LA multifamily absorbed a Q2 COVID shock and recovered through H2. Pricing held for stabilized inventory; transaction volume returned by year-end.

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 $384,375 a unit it sits above the Hollywood median of $282,589, which is the ordinary pattern for a building of this size: at 16 units it is smaller than the median Hollywood closing at 19, and smaller buildings carry higher per-door pricing.

This address appears in the archive more than once: it also closed March 2022 at $7,000,000. 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.

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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

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This building has appeared in the archive 2 times. See the full transaction history for 2030 Ivar Ave, Hollywood.

Michael Sterman, Senior Managing Director Investments at Marcus & Millichap.