Anatomy of a Deal: 15-Unit Multifamily Property in North Hollywood Sells for $7.625MM, $508,333 Per Unit

When Marcus & Millichap’s LAAA Team first listed this 15-unit multifamily property in March, it was part of a three-property portfolio in the San Fernando Valley. On paper, 5630 Fair Ave. seemed promising—built in 2018, offering a modern, no-rent-control environment and priced competitively per square foot. However, despite these attributes, it faced a series of […]