Encino Office
16830 Ventura Boulevard
Suite 100
Encino, CA 91436
Office: (818) 212-2700
Apartments
Michael Sterman
Senior Managing Director Investments
Encino Office
16830 Ventura Boulevard
Suite 100
Encino, CA 91436
Office: (818) 212-2700
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
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