6420-6422 Hanna Ave, Woodland Hills — 4-Unit Multifamily, $2.4M (Oct 2026)
Updated April 28, 2026
Units: 4 · Sale price: $2,400,000 · Price per unit: $600,000 · Closed: October 2026
A 4-unit small multifamily property at 6420-6422 Hanna Ave in Woodland Hills, sold October 2026 for $2,400,000 — approximately $600,000 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.
Woodland Hills is western Valley LA City multifamily, with a higher share of post-1978 inventory than most Valley submarkets.
Small multifamily properties in this range trade primarily among private investors, family offices, and 1031 exchangers.
Set against the rest of the Woodland Hills record, this is the smallest of the 3 Woodland Hills apartment buildings Michael Sterman has closed.
At $600,000 a unit it sits above the Woodland Hills median of $238,125, which is the ordinary pattern for a building of this size: at 4 units it is smaller than the median Woodland Hills closing at 8, and smaller buildings carry higher per-door pricing.
This transaction is part of the Sterman Multifamily Group closed archive — over fourteen years at Marcus & Millichap.
Related
- Selling Multifamily Property in Woodland Hills
- 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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