Marcus & Millichap

Michael Hanassab

Overview

Michael has a track record of over $150 million in transactions underwritten and sold during his career. He has successfully represented a variety of owners, ranging from individuals and family trusts to major investment syndicates and real estate investment trusts. While he specializes in multifamily properties in the Los Angeles market, Michael's experience spans all sectors of commercial real estate, including development land, single-tenant net leased retail, office buildings, and industrial space. Michael has completed transactions in California and 13 other states, and works with clients to acquire properties nationally. Michael is a licensed California Real Estate Agent (DRE01484891). In addition, he earned his Bachelor of Arts in Communications, with a minor specialty in Business Administration at the University of Arizona.
Michael believes in taking a hands-on consultative approach to his clients' real estate needs. He works with clients to position commercial real estate investments into their overall portfolio, and to ensure that the investments fit within their goals and abilities.

Los Angeles
Michael Hanassab

Michael Hanassab

Senior Associate
Tel: (213) 943-1824
Fax: (213) 943-1810

License:  CA  01484891

National Multi Housing Council

Associate Member - National Multi Housing Group

Promoted to Senior Associate in May, 2014

Transactions Closed

  • Santa Monica Portfolio

    Santa Monica Portfolio

    Multifamily

    Santa Monica, CA
    Price: $28,500,000
    Size: 71,614 sqft
    Size: 66 units
    Cap Rate: 3.49%

  • 3418 Southcross Blvd

    3418 Southcross Blvd

    Net Leased Department Store

    San Antonio, TX
    Size: 125,000 sqft

  • Mountain View Apartments

    Mountain View Apartments

    Multifamily

    Pacoima, CA
    Price: $10,950,000
    Size: 59,388 sqft
    Size: 62 units
    Cap Rate: 5.16%

  • 612 North Orlando Avenue

    612 North Orlando Avenue

    Multifamily

    West Hollywood , CA
    Price: $10,500,000
    Size: 22,986 sqft
    Size: 21 units
    Cap Rate: 2.53%

  • Margate Imperial Apartments

    Margate Imperial Apartments

    Multifamily

    Encino, CA
    Price: $9,100,000
    Size: 45 units
    Cap Rate: 5.12%

  • Don Carlos Residences

    Don Carlos Residences

    Multifamily

    Beverly Hills, CA
    Price: $9,000,000
    Size: 11,632 sqft
    Size: 16 units
    Cap Rate: 2.52%

  • 12747 Mercer Street

    12747 Mercer Street

    Multifamily

    Pacoima, CA
    Price: $8,761,800
    Size: 50,680 sqft
    Size: 68 units
    Cap Rate: 4.31%

  • 526 North Orlando Avenue

    526 North Orlando Avenue

    Multifamily

    West Hollywood, CA
    Price: $8,250,000
    Size: 23,326 sqft
    Size: 19 units
    Cap Rate: 3.27%

  • Don Carlos Residences

    Don Carlos Residences

    Multifamily

    Beverly Hills, CA
    Price: $6,700,000
    Size: 11,632 sqft
    Size: 16 units
    Cap Rate: 3.77%

  • Yarmouth Apartments

    Yarmouth Apartments

    Multifamily

    Encino, CA
    Price: $6,450,000
    Size: 28,998 sqft
    Size: 29 units
    Cap Rate: 4.74%

  • 14142 Victory Boulevard

    14142 Victory Boulevard

    Multifamily

    Van Nuys, CA
    Price: $6,000,000
    Size: 30,196 sqft
    Size: 44 units
    Cap Rate: 5.09%

  • Valle Hacienda

    Valle Hacienda

    Multifamily

    Van Nuys, CA
    Price: $5,800,000
    Size: 37,653 sqft
    Size: 59 units
    Cap Rate: 6.17%

  • Sherman Oaks Palms

    Sherman Oaks Palms

    Multifamily

    Sherman Oaks, CA
    Price: $4,800,000
    Size: 23,300 sqft
    Size: 21 units
    Cap Rate: 4.06%

  • Summit Place Apartment Homes

    Summit Place Apartment Homes

    Multifamily

    San Bernardino, CA
    Price: $4,750,000
    Size: 64,784 sqft
    Size: 80 units
    Cap Rate: 6.12%

  • 14025 Moorpark Street

    14025 Moorpark Street

    Multifamily

    Sherman Oaks, CA
    Price: $4,415,000
    Size: 22,406 sqft
    Size: 24 units
    Cap Rate: 4.84%

  • Palm at Kingsley

    Palm at Kingsley

    Multifamily

    Los Angeles, CA
    Price: $4,177,000
    Size: 16,276 sqft
    Size: 13 units
    Cap Rate: 5.75%

  • Sylmar Apartments

    Sylmar Apartments

    Multifamily

    Sylmar, CA
    Price: $3,650,000
    Size: 16,856 sqft
    Size: 22 units
    Cap Rate: 4.69%

  • 1423 Magnolia Avenue

    1423 Magnolia Avenue

    Multifamily

    Los Angeles, CA
    Price: $3,200,000
    Size: 18,453 sqft
    Size: 24 units
    Cap Rate: 4.31%

  • Hazeltine Harbor

    Hazeltine Harbor

    Multifamily

    Van Nuys, CA
    Price: $2,910,000
    Size: 18,074 sqft
    Size: 23 units
    Cap Rate: 6.89%

  • 7123 Etiwanda Avenue

    7123 Etiwanda Avenue

    Multifamily

    Reseda, CA
    Price: $2,900,000
    Size: 15,050 sqft
    Size: 30 units
    Cap Rate: 6.34%

  • Pep Boys

    Pep Boys

    Net Leased Auto Parts

    New Hartford, NY
    Price: $2,860,000
    Size: 22,211 sqft
    Cap Rate: 6.92%

  • 1399 East State Street

    1399 East State Street

    Net Leased Bank

    Geneva, IL
    Price: $2,793,000
    Size: 7,132 sqft
    Cap Rate: 6.00%

  • 8360 Northgate Avenue

    8360 Northgate Avenue

    Multifamily

    Canoga Park, CA
    Price: $2,600,000
    Size: 13,027 sqft
    Size: 22 units
    Cap Rate: 7.27%

  • Sepulveda Apartments

    Sepulveda Apartments

    Multifamily

    Mission Hills, CA
    Price: $2,350,000
    Size: 15,634 sqft
    Size: 23 units
    Cap Rate: 6.67%

  • 6518 Woodman Avenue

    6518 Woodman Avenue

    Multifamily

    Van Nuys, CA
    Price: $2,300,000
    Size: 10,576 sqft
    Size: 14 units
    Cap Rate: 4.50%

  • Joe's Crab Shack

    Joe's Crab Shack

    Net Leased Restaurant

    Lubbock, TX
    Size: 7,799 sqft
    Cap Rate: 7.83%

  • 1541 North Fuller Avenue

    1541 North Fuller Avenue

    Multifamily

    Los Angeles, CA
    Price: $2,205,000
    Size: 7,487 sqft
    Size: 08 units
    Cap Rate: 2.82%

  • 409 South Cochran Avenue

    409 South Cochran Avenue

    Multifamily

    Los Angeles (Miracle Mile), CA
    Price: $2,110,000
    Size: 10,920 sqft
    Size: 08 units
    Cap Rate: 5.02%

  • 6561 Woodman Avenue

    6561 Woodman Avenue

    Multifamily

    Van Nuys, CA
    Price: $2,000,000
    Size: 9,768 sqft
    Size: 12 units
    Cap Rate: 4.38%

  • 4505-4509 Maplewood Avenue

    4505-4509 Maplewood Avenue

    Multifamily

    Los Angeles, CA
    Price: $1,999,000
    Size: 9,576 sqft
    Size: 14 units
    Cap Rate: 5.41%

  • 5643, 5649, 5651 Farmdale Avenue

    5643, 5649, 5651 Farmdale Avenue

    Multifamily

    North Hollywood, CA
    Price: $1,950,000
    Size: 12,280 sqft
    Size: 15 units
    Cap Rate: 2.95%

  • Darlington Apartments

    Darlington Apartments

    Multifamily

    Los Angeles, CA
    Price: $1,850,000
    Size: 7,163 sqft
    Size: 08 units
    Cap Rate: 4.22%

  • Vanowen Townhomes

    Vanowen Townhomes

    Multifamily

    Van Nuys, CA
    Price: $1,800,000
    Size: 8,692 sqft
    Size: 07 units
    Cap Rate: 4.94%

  • Sunset Park Quadruplex

    Sunset Park Quadruplex

    Multifamily

    Santa Monica, CA
    Price: $1,660,000
    Size: 3,000 sqft
    Size: 04 units
    Cap Rate: 2.92%

  • South Bay Apartments

    South Bay Apartments

    Multifamily

    Redondo Beach, CA
    Price: $1,600,000
    Size: 3,666 sqft
    Size: 06 units
    Cap Rate: 3.16%

  • Denny Apartments

    Denny Apartments

    Multifamily

    North Hollywood, CA
    Price: $1,485,000
    Size: 8,201 sqft
    Size: 14 units
    Cap Rate: 5.76%

  • Hartland Apartments

    Hartland Apartments

    Multifamily

    Winnetka , CA
    Price: $1,175,000
    Size: 8,128 sqft
    Size: 12 units
    Cap Rate: 7.36%

  • 6641 Beck Avenue

    6641 Beck Avenue

    Multifamily

    North Hollywood, CA
    Price: $1,150,000
    Size: 6,119 sqft
    Size: 06 units
    Cap Rate: 5.39%

  • 11601 Birch Avenue

    11601 Birch Avenue

    Multifamily

    Hawthorne, CA
    Price: $1,025,000
    Size: 5,395 sqft
    Size: 05 units
    Cap Rate: 4.64%

  • 11120 Huston Street

    11120 Huston Street

    Land - Multi-Family

    North Hollywood, CA
    Price: $1,000,000
    Size: 18,635 sqft

  • Industrial Land With Income

    Industrial Land With Income

    Land - Industrial

    North Hollywood, CA
    Price: $965,000
    Size: 53,626 sqft

  • 1311 North Mansfield Avenue

    1311 North Mansfield Avenue

    Multifamily

    Los Angeles, CA
    Price: $950,500
    Size: 2,464 sqft
    Size: 04 units
    Cap Rate: 5.62%

  • 6610 Whitsett Avenue

    6610 Whitsett Avenue

    Multifamily

    North Hollywood, CA
    Price: $925,000
    Size: 6,450 sqft
    Size: 08 units
    Cap Rate: 5.38%

  • Haynes Apartments

    Haynes Apartments

    Multifamily

    Van Nuys, CA
    Price: $900,000
    Size: 5,575 sqft
    Size: 08 units
    Cap Rate: 7.10%

  • 6610 Whitsett Ave

    6610 Whitsett Ave

    Multifamily

    North Hollywood, CA
    Price: $890,000
    Size: 6,450 sqft
    Size: 08 units
    Cap Rate: 6.43%

  • Sylvan Quadruplex

    Sylvan Quadruplex

    Multifamily

    Van Nuys, CA
    Price: $880,000
    Size: 3,464 sqft
    Size: 04 units
    Cap Rate: 5.32%

  • 1811-1815 West Anaheim Street

    1811-1815 West Anaheim Street

    Retail Vacant/User

    Long Beach, CA
    Price: $790,000
    Size: 2,724 sqft

  • Elysian Park Duplex

    Elysian Park Duplex

    Multifamily

    Los Angeles, CA
    Price: $690,000
    Size: 1,686 sqft
    Size: 02 units
    Cap Rate: 4.66%

  • 607 North St Andrews Place

    607 North St Andrews Place

    Multifamily

    Los Angeles, CA
    Price: $675,000
    Size: 3,045 sqft
    Size: 06 units
    Cap Rate: 4.03%

  • 10335 Laurel Canyon Boulevard

    10335 Laurel Canyon Boulevard

    Shopping Neighborhood

    Pacoima, CA
    Price: $405,000
    Size: 3,375 sqft
    Cap Rate: 6.62%

  • 761 East 22nd Street

    761 East 22nd Street

    Multifamily

    Los Angeles, CA
    Price: $380,000
    Size: 3,076 sqft
    Size: 02 units
    Cap Rate: 9.40%