Units: 11 · Sale price: $2,475,000 · Price per unit: $225,000 · Closed: December 2025
A 11-unit mid-size multifamily property at 1759 Winona Blvd in Los Feliz, sold December 2025 for $2,475,000 — approximately $225,000 per unit.
2025 LA multifamily transaction volume hit $6.5 to $7.9 billion across 557 deals. Institutional buyers returned in force; cap rates stabilized in most submarkets.
Los Feliz is central LA, heavily pre-1978 RSO, with strong tenant demand and tight institutional interest on clean stabilized inventory.
Mid-size multifamily in this unit range attracts both private investors and smaller institutional buyers, particularly on value-add theses.
This transaction is part of the Sterman Multifamily Group closed archive — $1.41 billion across 254 closed transactions over fourteen years at Marcus & Millichap.
Michael Sterman, Senior Managing Director Investments at Marcus & Millichap.
$1.41 billion across 254 closed transactions.
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