Looking for a Pacoima multifamily broker? Michael Sterman, Senior Managing Director Investments at Marcus & Millichap and founder of the Sterman Multifamily Group, has closed $1.46B across 259 Los Angeles apartment building transactions over 14 years — including 4 in Pacoima alone. If you own an apartment building in Pacoima and are weighing a sale, this is the team that prices it against Pacoima's real buyer pool and rules — not a generic LA average.
Pacoima is one of the oldest neighborhoods in the San Fernando Valley, built out as the Valley suburbanized in the postwar decades. That means most of the multifamily stock here is older construction — the kind of building that, in Los Angeles, usually falls under the LA City Rent Stabilization Ordinance if it was standing before 1978. If you own a Pacoima building, start from the assumption that RSO applies and confirm from there; do not assume you are exempt. The submarket's buyer pool is disciplined about this. They are not paying Westside multipliers for Pacoima cash flow, and a seller who prices as if they are will sit on the market.
Value in Pacoima turns on vintage, rent-control status, your in-place rents versus market, and which buyer pool fits your building — not a single neighborhood average. Michael underwrites your specific Pacoima building the way a real buyer will, then tells you what it should bring and how to get there. No obligation.
Request a Free Pacoima Building Evaluation →The buyer pool for Pacoima multifamily skews toward operators who already know the northeast Valley — value-add investors comfortable with an older rent roll and a hands-on management model, and 1031 exchangers looking for basis-efficient replacement property outside the higher-per-unit-cost core submarkets. These are not buyers chasing appreciation on a story; they are buyers underwriting real in-place cash flow against real operating costs, which is why a clean rent roll and honest deferred-maintenance disclosure matter more here than a glossy marketing package.
A sample of Pacoima apartment buildings Michael Sterman has closed. Each links to the full deal record.
Michael Sterman has spent 14 years specializing exclusively in Los Angeles multifamily, closing 259 transactions worth $1.46B. He knows how Pacoima buildings are valued, who buys them, and what it takes to get a clean deal closed here. CA DRE License #01911703.
Michael sells across all of Los Angeles — see the citywide multifamily broker overview for the full closed record and median price per unit in every submarket, or read how much your LA apartment building is worth for how a Pacoima building actually gets valued.
Thinking about selling? Get a no-obligation evaluation on your building.
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