5712 Camellia Ave, North Hollywood — 14-Unit Multifamily, $3.8M (Sep 2026)
Updated April 28, 2026
Units: 14 · Sale price: $3,800,000 · Price per unit: $271,428 · Closed: September 2026
A 14-unit mid-size multifamily property at 5712 Camellia Ave in North Hollywood, sold September 2026 for $3,800,000 — approximately $271,428 per unit.
2026 opened with transaction volume on pace to exceed $7 billion and active institutional bidding across submarkets. The December 2025 RSO rewrite was beginning to reprice pre-1978 LA City inventory through the year.
North Hollywood has seen elevated new construction activity in recent years, creating a mixed age profile that buyers underwrite carefully by vintage.
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 North Hollywood record, this is the 6th largest of the 11 North Hollywood apartment buildings Michael Sterman has closed.
At $271,429 a unit it traded essentially on the North Hollywood median of $271,429, across those 11 closings.
This transaction is part of the Sterman Multifamily Group closed archive — over fourteen years at Marcus & Millichap.
Related
- Selling Multifamily Property in North Hollywood
- North 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
Michael Sterman, Senior Managing Director Investments at Marcus & Millichap.
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