Looking for a Sun Valley 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 1 in Sun Valley alone. If you own an apartment building in Sun Valley and are weighing a sale, this is the team that prices it against Sun Valley's real buyer pool and rules — not a generic LA average.
Sun Valley Multifamily Market Snapshot
1
Sterman closings in Sun Valley
24
Units sold here
2017
Most recent closing
Sun Valley is a working- and middle-class northeast San Fernando Valley neighborhood, developed from the 1920s Fernangeles tract and renamed by resident vote in 1950. It is a genuine live-work Valley community — industrial and light-manufacturing uses sit alongside residential streets, and real commuter-rail access exists through the Metrolink Sun Valley station, something not every Valley submarket can claim.
What Is My Sun Valley Apartment Building Worth?
Value in Sun Valley 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 Sun Valley building the way a real buyer will, then tells you what it should bring and how to get there. No obligation.
The buyer pool skews toward value-add operators and local investors comfortable with older, industrial-adjacent Valley stock — buyers underwriting real in-place cash flow, not a growth story, similar to the pattern across Pacoima, Winnetka, and North Hills.
Recent Sun Valley Multifamily Sales
A sample of Sun Valley apartment buildings Michael Sterman has closed. Each links to the full deal record.
Frequently Asked Questions About Selling Multifamily in Sun Valley
Who is the best multifamily broker in Sun Valley?
There's no single citywide answer — the best multifamily broker for your Sun Valley building is the one who has closed comparable buildings in Sun Valley recently and can prove it. Michael Sterman has closed 1 multifamily building in Sun Valley, 24 units, as part of $1.46B across 259 LA transactions overall. Verify any broker's track record with the five tests in "How to Choose the Best Multifamily Broker in Los Angeles."
Is multifamily property in Sun Valley covered by LA rent control?
Likely, if the building predates 1978 — much of Sun Valley's older stock does. Confirm your specific building's construction date.
What do apartment buildings sell for in Sun Valley?
The one Sterman Multifamily Group closing in Sun Valley (2017, 24 units) traded at $160K per unit.
Does the 2026 LA City RSO rewrite affect Sun Valley apartment buildings?
Likely yes for older buildings. Sun Valley is within the City of Los Angeles, and much of its multifamily stock is older Valley construction typically covered by LA City RSO, including the rewrite effective July 1, 2026. Confirm your specific building's construction date.
Meet Your Sun Valley Multifamily Expert
Michael Sterman has spent 14 years specializing exclusively in Los Angeles multifamily, closing 259 transactions worth $1.46B. He knows how Sun Valley buildings are valued, who buys them, and what it takes to get a clean deal closed here. CA DRE License #01911703.
What Owners Say About Working With Michael
★★★★★
“I highly recommend Michael Sterman and his group. I just closed escrow on a 36 unit MF which Michael obtained the buyer. Michael handled the sale and escrow process extremely professionally. I have been a MF real estate broker myself for 45 years; I know who is a pro and who is not.”
Robert Corry
Verified Google review
★★★★★
“In Los Angeles multifamily, there's a huge gap between agents who talk about deals and agents who actually understand how they work. Michael Sterman is firmly in the second camp. What sets them apart isn't just market knowledge—it's judgment. They understand rent control realities, tenant issues, expense creep, cap-ex tradeoffs, and how underwriting changes block by block in LA. They're responsive, direct, and strategic—no fluff, no wasted time. If you're serious about buying or selling multifamily in Los Angeles, you want someone like Sterman on your side.”
Michael Maltzman
Verified Google review
★★★★★
“I've worked with Michael Sterman on multiple transactions and couldn't recommend him more highly. He has sold three properties to me and has also sold a property for me. He's professional, responsive, and gets deals done efficiently. A true pro.”