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Encino Office
16830 Ventura Boulevard
Suite 100
Encino, CA 91436
Office: (818) 212-2700

Encino office page

Apartments

Michael Sterman

Senior Managing Director Investments

Michael Sterman prides himself on being known as a "client first" apartment specialist — and that reputation has produced tremendous results. Over a 15+ year career with Marcus & Millichap, Michael has been involved in the successful transaction of more than 242 apartment buildings totaling over $1.34 billion.

Michael's expertise is concentrated in Hollywood, West Hollywood, Koreatown, the San Fernando Valley, Mar Vista, Palms, and West Los Angeles — submarkets he has transacted in repeatedly and knows block-by-block.

That track record comes from a disciplined approach to execution. Michael stays personally engaged in every phase of a transaction, working alongside an experienced support team to make sure each step is delivered at the highest level:

• Underwriting the asset and positioning it against the current market
• Preparing a detailed, accurate marketing package
• Procuring, qualifying, and vetting buyers
• Structuring contracts tightly to protect his clients
• Managing due diligence and organizing property inspections
• Securing financing where needed
• Coordinating the escrow process through close

His clients notice the difference. Michael's known for a sincere commitment to improving his clients' position and making the transaction as smooth as possible. A significant share of his business comes from repeat clients who trust that he puts their interests ahead of his own.

Michael graduated from the University of California, Santa Barbara in 2011 with a degree in Economics and Accounting.

License: CA: 01911703

Achievements

  • National Achievement Award: 2022, 2020, 2018
  • Sales Recognition Award: 2026, 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018
  • Rookie of the Year: 2018
  • SIA Induction: 2021

Featured Closings

Closed

Apartments

6425 Reseda Blvd

Reseda, CA

Number of Units: 100

Closed

Apartments

6535 and 7317 Haskell Avenue

Van Nuys, CA

Number of Units: 102

Closed

Apartments

649 S Ridgeley Drive

Los Angeles, CA

Number of Units: 35

Closed

Apartments

Chateau Toluca

North Hollywood, CA

Number of Units: 40

Closed

Apartments

350 South Reno Street

Los Angeles, CA

Number of Units: 36

Closed

Apartments

The Village at Tampa

Reseda, CA

Number of Units: 22

Closed

Apartments

2130 Fair Park Ave

Los Angeles, CA

Number of Units: 36

Closed

Apartments

3750 Jasmine Ave

Los Angeles, CA

Number of Units: 40

Closed

Apartments

10829 Palms Boulevard

Los Angeles, CA

Number of Units: 17

Closed

Apartments

3327 Livonia Ave

Los Angeles, CA

Number of Units: 18

Closed

Apartments

8355 BLACKBURN AVENUE

LOS ANGELES, CA

Closed

Apartments

514 S Gramercy Place

Los Angeles, CA

Number of Units: 24

Closed

Apartments

5222-5228 Hermitage Ave

Valley Village, CA

Number of Units: 20

Closed

Apartments

532 South Gramercy Place

Los Angeles, CA

Number of Units: 24

Closed

Apartments

1310 North Gardner Street

Los Angeles, CA

Number of Units: 16

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