Updated April 28, 2026

Units: 6 · Sale price: $1,650,000 · Price per unit: $275,000 · Closed: December 2025
A 6-unit small multifamily property at 4442 Kingswell Ave in Los Feliz, sold December 2025 for $1,650,000 — approximately $275,000 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.
Los Feliz is central LA, heavily pre-1978 RSO, with strong tenant demand and tight institutional interest on clean stabilized inventory.
Small multifamily properties in this range trade primarily among private investors, family offices, and 1031 exchangers.
Set against the rest of the Los Feliz record, this is the smallest of the 5 Los Feliz apartment buildings Michael Sterman has closed.
At $275,000 a unit it sits above the Los Feliz median of $225,000, which is the ordinary pattern for a building of this size: at 6 units it is smaller than the median Los Feliz closing at 11, and smaller buildings carry higher per-door pricing.
Other Los Feliz closings the same year: 1759 Winona Blvd (11 units, $2,475,000).
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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