Updated April 28, 2026
Units: 4 · Sale price: $3,250,000 · Price per unit: $812,500 · Closed: July 2022
A 4-unit small multifamily property at 530 N Spaulding Ave in Fairfax, sold July 2022 for $3,250,000 — approximately $812,500 per unit.
2022 LA multifamily held at peak pricing through mid-year, then began the rate-driven repricing that would define 2023.
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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