Ryan Polisky Purchases Multifamily Asset In North Hollywood From Philip Reavis For $2.9M

The property involved in this transaction is a multifamily asset located at 10833 Camarillo Street in the North Hollywood market. The sale was completed for a total price of $2,900,000. This asset comprises 8 units and has a total square footage of 6,396, yielding a price per unit of $362,500 and a price per square foot of $453.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,900,000
• Units: 8
• Price Per Unit: $362,500
• Square Footage: 6,396
• Price Per Square Foot: $453
• Buyer: Ryan Polisky
• Seller: Philip Reavis
• Buyer's Representative: Michael Sterman - Marcus & Millichap
• Seller's Representatives: John Swartz & Jacqueline Carroll - Compass

This transaction highlights the involvement of key representatives, with Michael Sterman representing the buyer, Ryan Polisky, while the seller, Philip Reavis, was represented by John Swartz and Jacqueline Carroll. The deal showcases the collaborative efforts of the brokerages involved, Marcus & Millichap and Compass, in facilitating this multifamily asset transfer.