30 years of

COMBINED EXPERIENCE

Real Estate Investment Sales   Financing   Research   Advisory Services

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$700 Million+ in Total Sales Volume

240+ Transactions

Multifamily & Student Housing Specialization

Our Track Record

OUR TEAM

Our team consists of 11 highly qualified and specialized individuals who excel in each of their own respective markets.  Our collaborative environment maximizes your return.

Current Listings

904 North Sierra Bonita Avenue

West Hollywood, CA 90046

$3,500,000

Marcus & Millichap is pleased to present for sale a ten (10) unit plus one (1) non-conforming unit apartment building located at 904 North Sierra Bonita Avenue West Hollywood, CA. Situated just south of Santa Monica Boulevard and east of North Fairfax Avenue, the property is located in a prime rental pocket of West Hollywood.

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Built in 1961, the subject property presents a strong unit mix of six (6) one-bedroom / one-bathroom units, and four (4) two-bedroom / two-bathroom units plus one (1) non-conforming one-bedroom unit. Tenants of the subject property enjoy the gated entry as well as on grade garage parking. Soft Story Retrofit is necessary. In addition, four (4) units will be delivered vacant, giving way to a significant rental upside for future ownership. The property benefits immensely from a local Walk Score of 92, signifying that daily activities do not require the use of a car.

1031 Tax Deferred Exchange

Mitigating risk, maximizing return.

1031 Exchanges are tax deferred sales where sellers can capitalize on their equity by selling their real estate and purchasing another investment property. All of their capital gains tax becomes deferred and our clients typically get to purchase a larger asset with higher cash flow. 
Marcus & Millichap is the industry leader in completion of 1031 exchanges and we have the largest pool of 1031 exchange buyers in the nation.  Our extensive network of active investors allow us to successfully complete these 1031 exchanges with a 99% success rating. Allow us to show you how we can improve your net cash flow with an age old industry technique.

Our Closed Transactions

"Thank you for your patience with our exchange.  This was our first exchange and you by far exceeded our expectations.  We are very excited about our new exchange property and the fact that we received such a high price for our Hollywood property.  We will definitely refer you more business in the future."

Rufino C.

Whether you’re looking to acquire, dispose, exchange, or re-finance property- we're here to help.  The Tuvia Group of Marcus & Millichap is the leading Commercial Real Estate Investment Brokerage and Advisory team in Los Angeles and Ventura County. We have cultivated the largest pipeline of committed investors and consistently realize maximum returns for all of our clients. 

 

Complete the Following For A Complimentary,

In-Depth Analysis of your Multifamily Asset.

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Get In Touch

Jason Tuvia
Senior Vice President of Investments
16830 Ventura Blvd Ste #100
Encino, CA 91436

Cell: (818) 448-4415 | Office: (818) 212-2735

Fax: (818) 698-8372

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