Bruce Bernard Acquires 12-Unit Multifamily In North Hollywood For $4.15M

The multifamily property located at 10940 Hesby St. in North Hollywood has been sold in a recent transaction. The property consists of 12 units with a total area of 9,919 square feet. The sale price for this multifamily asset was $4,150,000, resulting in a price per unit of $345,833 and a price per square foot of $418.

Summary of transaction details

• Property Type: Multifamily
• Sale Price: $4,150,000
• Number of Units: 12
• Price Per Unit: $345,833
• Total Square Footage: 9,919
• Price Per Square Foot: $418
• Address: 10940 Hesby St.
• Market: North Hollywood

The buyer in this transaction is Bruce Bernard, and the seller is Carla Adelmann. Representing the buyer, Yana Vlady and Richard Ringer from Marcus & Millichap played a key role, while Melinda Russell from CBRE acted as the seller's representative.