Updated April 28, 2026
Units: 8 · Sale price: $1,267,500 · Price per unit: $158,437 · Closed: April 2020
A 8-unit small multifamily property at 5175 W Jefferson Blvd in West Adams, sold April 2020 for $1,267,500 — approximately $158,437 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.
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.
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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