Broker Activity, Atlas Brief

Featured · Sold April 10, 2026

1825 N Gramercy Pl, a 1968 three-story Hollywood apartment building with tuck-under parking, photographed from the street.

Hollywood · 27-unit · 29,085 SF · 1968 build

One of the better numbers to trade in LA in months. 9.3 GRM, $187K/door, 1,077 SF average unit, and priced one step under the $5.3M ULA trigger. Speculating the buyer covered the broker commissions outside closing to keep the recorded price beneath the tax line.

SourceRedfin · CRMLS SB26054352

Read the full operator note →

LOG Listings Board , For Sale & Sold Rolling · Updated weekly

Time

Status

Address & Note

Pricing

Broker

Apr 21 2026

Sold

1101 W 45th St Historic South Central 90037 · 20-unit · Spanish-tile 1920s build Closed at $112K/door, sub-$200/SF on a 6.79% CAP, sub-7 GRM. Numbers line up tight, rare in 2026 LA MF. Basis trade, not a yield bet. Full note →

$2,250,000 $112K/door

Taylor Avakian The Group CRE, Lyon Stahl

Apr 21 2026

For Sale

5712 Camellia Ave North Hollywood 91601 · 14-unit · 15,200 SF · 1989 Build · Not RSO Just listed at $306K/door, $282/SF on a 12.23 GRM current (10.48 market). 1989 build means non-RSO, AB 1482 applies. Broker pitching 5.77% market CAP; current is 4.86%. Operator read: probably trades between $3.9M and $4.1M. Full note →

$4,295,000 $306K/door

Michael Sterman Marcus & Millichap

Apr 10 2026

Sold

1825 N Gramercy Pl Hollywood · 27-unit · 29,085 SF · 1968 Build Closed at $187K/door, $174/SF on a 9.3 GRM, which works to roughly a 6-cap today and sets up a 10-year path to an 8-cap for a patient operator. Traded below the $5.3M ULA threshold; speculation the buyer covered broker commissions directly to keep the sale price under the trigger. Full note →

$5,050,000 $187K/door

Source Redfin · CRMLS SB26054352

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LA multifamily brokers: if you'd like a listing covered, email David@AtlasHomePro.com. We read every deal.

FILE Broker Dossiers In production

Tamas Batyi

Compass · DRE 02053534

Listed 1825 N Gramercy, the 27-unit Hollywood trade that set the tone for the spring. Clean package, responsive, priced the deal below the ULA line. Read the full note →

Taylor Avakian

The Group CRE, Founder · Lyon Stahl, 1st VP

Closed the 1101 W 45th deal in April at a 6.79% CAP. $200M+ in LA MF sales since 2018. Hosts the No Vacancy podcast. Knows the market cold, doesn't overpromise on values. Read the full note →

Michael Sterman

Marcus & Millichap · SVP Investments

Listed 5712 Camellia, the 14-unit 1989 NoHo asset, at $4.295M on April 21. Runs the Sterman Multifamily Group out of the Century City office. Read the full note →

Hirsch Sherman

Keller Williams · Calabasas · DRE 00710184

Buy-side on 1825 N Gramercy. Closed at $5.05M on a 9.3 GRM, one of the better numbers to trade in LA this cycle.

Brokers

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