The Azzi Group

The Azzi Group The Azzi Group provides brokerage solutions for multifamily and retail investments. Our team has been responsible for about $4 billion in transactions.

🚨 Just Closed! 🚨11911 Mayfield Ave & 11860 Kiowa Ave | Los Angeles, CA 90049✨ 61-Unit Multifamily Investment Opportunity...
04/10/2026

🚨 Just Closed! 🚨

11911 Mayfield Ave & 11860 Kiowa Ave | Los Angeles, CA 90049

✨ 61-Unit Multifamily Investment Opportunity

The Azzi Group is proud to announce the successful closing of two premier multifamily assets in Brentwood, totaling 61 units in one of Los Angeles’ most sought-after Westside submarkets.

Through strategic positioning, targeted outreach, and disciplined ex*****on, our team generated strong investor demand—ultimately delivering a successful outcome for ownership.

This transaction highlights our ability to navigate complex deals while maintaining alignment across all parties and executing efficiently from marketing to close.

Closed at $46,350,000 (Combined Value)
📍 ~90% Close-to-List
📍 ~5.00% Cap Rate
📍 $700,000+ / Unit

📌 Seller Represented by:
Tony Azzi & Rabbie Banafsheha | The Azzi Group of Marcus & Millichap

Located in the heart of Brentwood, both properties benefit from premier location fundamentals, strong tenant demand, and long-term upside—making this a highly sought-after investment opportunity on the Westside.

Considering buying or selling multifamily in Los Angeles? Let’s connect.

✨ Just Listed! ✨🏢 459 S Transit Road, Lockport, NY 14094🏠 Single-Tenant Retail | Absolute NNN Investment💰 Asking Price: ...
04/08/2026

✨ Just Listed! ✨
🏢 459 S Transit Road, Lockport, NY 14094

🏠 Single-Tenant Retail | Absolute NNN Investment

💰 Asking Price: $2,900,000
📐 Price/SF: $195.52
📊 6.21% Cap Rate

🔥 Absolute NNN Lease | New 10-Year Term | High-Traffic Retail Corridor

Property Highlights:
✔️ 14,832 SF freestanding retail building on a 71,438 SF lot
✔️ Newly signed 10-year lease with O’Reilly Auto Parts
✔️ 8% rent increase scheduled for February 2030
✔️ Built in 2002 with recent renovations in 2025
✔️ Ample on-site parking supporting strong customer traffic
✔️ Positioned along a major retail corridor with excellent visibility

Investment Highlights:
💵 Passive income with absolute NNN lease structure
📈 Long-term lease security with built-in rental growth
📍 Surrounded by national retailers including Aldi, PetSmart, TJ Maxx, and more
🏙️ Strong retail synergy driving consistent traffic and tenant performance
🔑 Investment-grade tenant operating 6,000+ locations nationwide
📩 DM for OM or email us with the property address in the subject line for faster access.

📌 Listed by: Tony Azzi & Rabbie Banafsheha | The Azzi Group of Marcus & Millichap

✨ Just Listed! ✨🏢 14525–31 Albers St, Sherman Oaks, CA 91411🏠 12 Units | Multi-Building Sherman Oaks Asset💰 Asking Price...
04/03/2026

✨ Just Listed! ✨
🏢 14525–31 Albers St, Sherman Oaks, CA 91411

🏠 12 Units | Multi-Building Sherman Oaks Asset

💰 Asking Price: $2,775,000
📐 Price/Unit: $231,250
📊 5.50% Cap Rate

🔥 Sherman Oaks Location | Multi-Building Layout | Strong Upside

Property Highlights:
✔️ 12-unit multifamily asset across multiple buildings
✔️ Well-located in a desirable Sherman Oaks neighborhood
✔️ Two attached storage garages providing additional income
✔️ Recently completed balcony/patio upgrades (LADBS compliant)
✔️ Well-maintained property with strong tenant appeal
✔️ Convenient access to freeways, retail, and lifestyle amenities

Investment Highlights:
💵 Strong in-place income with attractive going-in cap rate
📈 Upside potential through rental growth and repositioning
📍 Prime Valley location near major employment and retail corridors
🏙️ Consistent rental demand in supply-constrained submarket
🔑 Scalable asset with long-term appreciation potential

📩 DM for OM or email us with the property address in the subject line for faster access.

📌 Listed by: Tony Azzi & Kristen Sullivan | The Azzi Group of Marcus & Millichap

✨ Just Listed! ✨🏢 7230 Franklin Ave, Los Angeles, CA 90046🏠 80 Units | Institutional Multifamily Asset💰 Asking Price: $2...
04/02/2026

✨ Just Listed! ✨
🏢 7230 Franklin Ave, Los Angeles, CA 90046

🏠 80 Units | Institutional Multifamily Asset

💰 Asking Price: $24,000,000
📐 Price/Unit: $300,000
📊 5.94% Cap Rate

🔥 Core Hollywood Location | Institutional Asset | Strong Demand Driver

Property Highlights:
✔️ 80-unit multifamily asset with an efficient unit mix of one- and two-bedroom units
✔️ Subterranean parking garage offering ample parking in a dense urban location
✔️ Resort-style pool and lounge area enhancing tenant experience
✔️ Fully equipped on-site fitness center supporting resident retention
✔️ Well-designed common areas and lobby creating a high-quality living environment
✔️ Secure package locker system providing 24/7 delivery access and added convenience

Investment Highlights:
💵 Strong in-place income supported by consistent occupancy
📈 Long-term rental growth potential in a high-demand Hollywood submarket
📍 Prime location near major employment, entertainment, and lifestyle hubs
🏙️ Dense urban setting with strong renter demand and limited new supply
🔑 Institutional-quality asset with scale and long-term appreciation potential

📩 DM for OM or email us with the property address in the subject line for faster access.

📌 Listed by: Tony Azzi & Rabbie Banafsheha | The Azzi Group of Marcus & Millichap

✨ Just Listed! ✨🏢 519–525 Santa Monica Blvd, Santa Monica, CA 90401🏠 43 Units | Institutional-Quality Mixed-Use Asset💰 A...
04/01/2026

✨ Just Listed! ✨

🏢 519–525 Santa Monica Blvd, Santa Monica, CA 90401

🏠 43 Units | Institutional-Quality Mixed-Use Asset
💰 Asking Price: $32,900,000
📐 Price/Unit: $765,116
📊 4.91% Cap Rate

🔥 Prime Santa Monica Location | Mixed-Use Income | Coastal Trophy Asset

Property Highlights:
✔️ 43-unit mixed-use asset featuring 40 apartments and 3 retail spaces
✔️ 8,789 SF of retail providing diversified and stable income stream
✔️ Desirable unit mix of one- and two-bedroom apartments
✔️ Private balconies offering outdoor space, natural light, and premium appeal
✔️ Modern construction with high-quality finishes and secure access
✔️ Institutional-quality asset in a supply-constrained coastal market

Investment Highlights:
💵 Strong in-place income supported by residential and retail tenancy
📈 Long-term rent growth potential in a high-barrier-to-entry market
📍 Walkable downtown Santa Monica location near transit, dining, and retail
🏙️ Premier coastal submarket with consistent high-income renter demand
🔑 Trophy asset with durable cash flow and long-term appreciation potential

📩 DM for OM or email us with the property address in the subject line for faster access.

📌 Listed by: Tony Azzi | The Azzi Group of Marcus & Millichap

✨ Just Listed! ✨🏢 521 S Union Ave, Los Angeles, CA 90017🏠 20 Units | Value-Add Multifamily Asset💰 Asking Price: $1,600,0...
03/31/2026

✨ Just Listed! ✨

🏢 521 S Union Ave, Los Angeles, CA 90017

🏠 20 Units | Value-Add Multifamily Asset

💰 Asking Price: $1,600,000
📐 Price/Unit: $80,000
📊 8.49% Cap Rate

🔥 Core LA Location | Strong In-Place Cash Flow | Rental Upside

Property Highlights:
✔️ 20-unit asset comprised of (18) SRO units and (2) studios
✔️ Located just blocks from Westlake/MacArthur Park Metro Station
✔️ Walk Score of 95 with access to dining, retail, and employment centers
✔️ Classic 1913 construction with value-add potential
✔️ 6 vacant units providing immediate lease-up opportunity
✔️ Efficient unit mix catering to high-demand renter base

Investment Highlights:
💵 Strong in-place income with an 8.49% cap and 6.04 GRM
📈 ~18%+ rental upside through lease-up and repositioning
📍 Transit-oriented location near DTLA, Koreatown, Echo Park & Silver Lake
🏙️ Dense rental submarket with consistent tenant demand
🔑 Attractive entry price with significant long-term upside

📩 DM for OM or email us with the property address in the subject line for faster access.

📌 Listed by: Tony Azzi, Rabbie Banafsheha, Arteen Zahiri & Ian Habbestad | The Azzi Group of Marcus & Millichap

✨ Just Listed! ✨🏢 119 S Los Robles Ave, Pasadena, CA 91101🏠 50 Units + 3,700 SF Retail | Mixed-Use Condo-Mapped Asset💰 A...
03/31/2026

✨ Just Listed! ✨
🏢 119 S Los Robles Ave, Pasadena, CA 91101

🏠 50 Units + 3,700 SF Retail | Mixed-Use Condo-Mapped Asset
💰 Asking Price: $26,000,000
📐 Price/Unit: $474,000
📊 4.42% Cap Rate

🔥 Mixed-Use Income Stream | Prime Pasadena Location | Flexible Exit Strategies

Property Highlights:
✔️ 50-unit luxury apartment community with 3,700 SF of ground-floor retail
✔️ Fully condominium-mapped with separate APNs for each residential unit
✔️ Built in 2015 with modern construction and high-end finishes
✔️ In-unit laundry, central A/C & stainless steel appliances
✔️ Private balconies/patios and a landscaped courtyard
✔️ Secure gated garage parking with strong tenant appeal

Investment Highlights:
💵 Diversified income stream from residential and retail components
📈 Condo mapping provides optionality for unit-by-unit disposition
📍 Prime Pasadena location near Old Town, retail corridors & employment hubs
🏙️ Strong rental demand driven by walkability and transit accessibility
🔑 Institutional-quality asset in a highly desirable submarket

📩 DM for OM or email us with the property address in the subject line for faster access.

📌 Listed by: Tony Azzi & Rabbie Banafsheha | The Azzi Group of Marcus & Millichap

✨ Just Listed! ✨🏢 11925 Kling St, Valley Village, CA 91607🏠 48 Units | Fully Condominium-Mapped Asset💰 Asking Price: $22...
03/30/2026

✨ Just Listed! ✨
🏢 11925 Kling St, Valley Village, CA 91607

🏠 48 Units | Fully Condominium-Mapped Asset
💰 Asking Price: $22,000,000
📐 Price/Unit: $458,333
📊 4.59% Cap Rate

🔥 Luxury Condo Asset | Prime Valley Village Location | Flexible Exit Strategies

Property Highlights:
✔️ 48-unit luxury multifamily asset with condo mapping (separate APNs)
✔️ Built in 2012 with modern construction and high-end finishes
✔️ All units feature in-unit washer/dryer
✔️ Resort-style amenities including fitness center and spa
✔️ Strong curb appeal with contemporary design and gated access
✔️ Large-scale asset offering institutional quality in a supply-constrained submarket

Investment Highlights:
💵 Strong in-place income with long-term rent growth potential
📈 Condo mapping allows for multiple exit strategies, including individual unit sales
📍 Prime Valley Village location with access to Studio City, NoHo & major freeways
🏙️ Close proximity to major employment hubs in entertainment, media & tech
🔑 Rare opportunity to acquire a large, newer construction condo community

📩 DM for OM or email us with the property address in the subject line for faster access.

📌 Listed by: Tony Azzi & Rabbie Banafsheha | The Azzi Group of Marcus & Millichap

🚨 Just Closed! 🚨6121 Woodman Ave | Van Nuys, CA 91401✨ 45-Unit Multifamily Investment OpportunityThe Azzi Group is proud...
03/26/2026

🚨 Just Closed! 🚨
6121 Woodman Ave | Van Nuys, CA 91401

✨ 45-Unit Multifamily Investment Opportunity

The Azzi Group is proud to announce the successful closing of 6121 Woodman Ave, a 45-unit multifamily asset located in Van Nuys. Through strategic positioning and disciplined ex*****on, our team generated multiple competitive offers—driving strong market engagement and a successful outcome.

With dual representation on both the Buyer and Seller sides, we maintained alignment throughout the process and executed efficiently from contract to close. This was a true team effort across all parties, resulting in a smooth and seamless transaction.

Closed at $9,000,000
📍 93% Close-to-List
📍 5.66% Cap Rate
📍 $200,000 / Unit

📌 Buyer & Seller Represented by:
Tony Azzi & Kristen Sullivan | The Azzi Group of Marcus & Millichap

Located in the San Fernando Valley, the property benefits from strong rental demand, accessibility to major freeways, and proximity to key employment and lifestyle hubs—supporting long-term investment fundamentals.

Considering buying or selling multifamily in Los Angeles or across Southern California? Let’s connect.

✨ Just Listed! ✨🏢 11329 Sherman Way & 7209 Bakman Ave, Sun Valley, CA 91352🏠 28 Units | Two Adjacent Parcels💰 Asking Pri...
03/24/2026

✨ Just Listed! ✨
🏢 11329 Sherman Way & 7209 Bakman Ave, Sun Valley, CA 91352

🏠 28 Units | Two Adjacent Parcels
💰 Asking Price: $3,495,000
📐 Price/Unit: $124,821
📊 5.39% Cap | 9.64 GRM

🔥 Strong In-Place Cash Flow | Massive Rental Upside | Portfolio-Style Investment

Property Highlights:
✔️ 28-unit offering across two adjacent parcels (including 4-unit building)
✔️ Diverse unit mix: (9) Bachelors, (8) Studios, (10) 1BR/1BA, (1) 2BR/2BA
✔️ Significant recent upgrades: copper plumbing, new windows, stone siding, fresh paint
✔️ Gated entry with strong curb appeal (Bakman Palms)
✔️ Large on-site surface parking lot
✔️ On-site laundry providing additional income

Investment Highlights:
💵 ~5.4% in-place cap with upside to ~9.4% projected
📈 ~40–50% rental upside through mark-to-market potential
📍 Prime Sun Valley location with strong renter demand
🏙️ Proximity to major employment hubs, retail corridors, and transit access
🔑 Scalable investment with operational efficiencies across two parcels

📩 DM for OM or email us with the property address in the subject line for faster access.

📌 Listed by: Tony Azzi, Rabbie Banafsheha & Arteen Zahiri | The Azzi Group of Marcus & Millichap

Address

1900 Avenue Of The Stars, Suite 2000
Los Angeles, CA
90067

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+13109095442

Website

https://newyorkmultifamily.com/episode-44-the-nyc-and-la-multifamily-ma

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